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$284,653$284,653$539,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$255,257$0
Funding fee$1,423$1,423$0
Note rate4.170%4.170%7.320%
Blended rate4.170%5.863%7.560%
1st payment$1,718.81$1,718.81$3,708.81
2nd payment$0.00$1,648.53$0.00
Taxes / mo$338.83$338.83$338.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,269.31$3,917.84$4,367.29
Cash to close$315,247$59,990$59,990