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$209,617$209,617$639,000
Remaining term (yrs)24.024.030.0
Secondary amount$0$429,383$0
Funding fee$1,048$1,048$0
Note rate2.890%2.890%7.400%
Blended rate2.890%6.156%7.640%
1st payment$1,005.21$1,005.21$4,424.31
2nd payment$0.00$2,773.10$0.00
Taxes / mo$152.79$152.79$152.79
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$127.80
HOA / mo$90.00$90.00$90.00
Total monthly$1,464.67$4,237.77$5,011.56
Cash to close$500,383$71,000$71,000