Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$219,492$219,492$764,100
Remaining term (yrs)16.416.430.0
Secondary amount$0$544,608$0
Funding fee$1,097$1,097$0
Note rate1.340%1.340%7.320%
Blended rate1.340%5.909%7.560%
1st payment$1,230.67$1,230.67$5,248.84
2nd payment$0.00$3,517.26$0.00
Taxes / mo$613.00$613.00$613.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,060.34$5,577.60$6,231.32
Cash to close$629,508$84,900$84,900