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$252,111$252,111$584,910
Remaining term (yrs)22.022.030.0
Secondary amount$0$332,799$0
Funding fee$1,261$1,261$0
Note rate4.630%4.630%7.320%
Blended rate4.630%6.405%7.560%
1st payment$1,517.59$1,517.59$4,017.93
2nd payment$0.00$2,149.33$0.00
Taxes / mo$335.00$335.00$335.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$63.33$63.33$63.33
Total monthly$2,082.59$4,231.92$4,699.90
Cash to close$397,789$64,990$64,990