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$228,482$228,482$584,910
Remaining term (yrs)14.614.630.0
Secondary amount$0$356,428$0
Funding fee$1,142$1,142$0
Note rate4.910%4.910%7.400%
Blended rate4.910%6.641%7.640%
1st payment$1,816.76$1,816.76$4,049.80
2nd payment$0.00$2,301.93$0.00
Taxes / mo$457.17$457.17$457.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.98
HOA / mo$25.00$25.00$25.00
Total monthly$2,465.59$4,767.52$4,815.61
Cash to close$421,418$64,990$64,990