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$220,212$220,212$746,910
Remaining term (yrs)17.717.730.0
Secondary amount$0$526,698$0
Funding fee$1,101$1,101$0
Note rate4.170%4.170%7.400%
Blended rate4.170%6.695%7.640%
1st payment$1,460.34$1,460.34$5,171.45
2nd payment$0.00$3,401.59$0.00
Taxes / mo$565.67$565.67$565.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$149.38
HOA / mo$22.92$22.92$22.92
Total monthly$2,265.59$5,667.19$6,126.09
Cash to close$609,688$82,990$82,990