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$259,346$259,346$629,910
Remaining term (yrs)17.517.530.0
Secondary amount$0$370,564$0
Funding fee$1,297$1,297$0
Note rate4.530%4.530%7.400%
Blended rate4.530%6.424%7.640%
1st payment$1,779.64$1,779.64$4,361.37
2nd payment$0.00$2,393.22$0.00
Taxes / mo$205.03$205.03$205.03
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$35.42$35.42$35.42
Total monthly$2,186.76$4,579.98$4,894.46
Cash to close$440,554$69,990$69,990