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$246,251$246,251$890,100
Remaining term (yrs)15.915.930.0
Secondary amount$0$643,849$0
Funding fee$1,231$1,231$0
Note rate3.530%3.530%7.400%
Blended rate3.530%6.583%7.640%
1st payment$1,680.50$1,680.50$6,162.87
2nd payment$0.00$4,158.19$0.00
Taxes / mo$824.17$824.17$824.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$178.02
HOA / mo$108.00$108.00$108.00
Total monthly$2,829.33$6,987.53$7,489.73
Cash to close$742,749$98,900$98,900