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$208,722$208,722$431,910
Remaining term (yrs)9.19.130.0
Secondary amount$0$223,188$0
Funding fee$1,044$1,044$0
Note rate2.320%2.320%7.320%
Blended rate2.320%5.126%7.560%
1st payment$2,091.16$2,091.16$2,966.92
2nd payment$0.00$1,441.42$0.00
Taxes / mo$521.83$521.83$521.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,779.66$4,221.09$3,741.80
Cash to close$271,178$47,990$47,990