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$227,081$227,081$508,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$281,419$0
Funding fee$1,135$1,135$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.839%7.560%
1st payment$1,302.25$1,302.25$3,493.04
2nd payment$0.00$1,817.50$0.00
Taxes / mo$452.33$452.33$452.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$44.00$44.00$44.00
Total monthly$1,965.25$3,782.74$4,257.74
Cash to close$337,919$56,500$56,500