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$239,078$239,078$886,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$647,422$0
Funding fee$1,195$1,195$0
Note rate2.830%2.830%7.400%
Blended rate2.830%6.423%7.640%
1st payment$1,136.41$1,136.41$6,137.95
2nd payment$0.00$4,181.27$0.00
Taxes / mo$351.14$351.14$351.14
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$29.17$29.17$29.17
Total monthly$1,733.39$5,914.65$6,912.22
Cash to close$745,922$98,500$98,500