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$228,571$228,571$593,910
Remaining term (yrs)14.914.930.0
Secondary amount$0$365,339$0
Funding fee$1,143$1,143$0
Note rate4.120%4.120%7.320%
Blended rate4.120%6.353%7.560%
1st payment$1,697.68$1,697.68$4,079.75
2nd payment$0.00$2,359.48$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$118.78
HOA / mo$1.00$1.00$1.00
Total monthly$2,222.85$4,582.33$4,723.70
Cash to close$431,329$65,990$65,990