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$216,501$216,501$382,500
Remaining term (yrs)21.821.830.0
Secondary amount$0$165,999$0
Funding fee$1,083$1,083$0
Note rate4.570%4.570%7.400%
Blended rate4.570%6.059%7.640%
1st payment$1,304.59$1,304.59$2,648.35
2nd payment$0.00$1,106.66$0.00
Taxes / mo$160.75$160.75$160.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,615.34$2,722.00$3,035.61
Cash to close$208,499$42,500$42,500