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$214,321$214,321$629,910
Remaining term (yrs)18.618.630.0
Secondary amount$0$415,589$0
Funding fee$1,072$1,072$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.365%7.640%
1st payment$1,320.06$1,320.06$4,361.37
2nd payment$0.00$2,684.01$0.00
Taxes / mo$524.33$524.33$524.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$182.00$182.00$182.00
Total monthly$2,193.06$4,877.07$5,360.35
Cash to close$485,579$69,990$69,990