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$227,211$227,211$409,500
Remaining term (yrs)21.421.430.0
Secondary amount$0$182,289$0
Funding fee$1,136$1,136$0
Note rate4.440%4.440%7.320%
Blended rate4.440%6.025%7.560%
1st payment$1,365.23$1,365.23$2,812.98
2nd payment$0.00$1,215.26$0.00
Taxes / mo$278.00$278.00$278.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$379.67$379.67$379.67
Total monthly$2,189.57$3,404.83$3,719.22
Cash to close$227,789$45,500$45,500