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$236,158$236,158$575,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$338,942$0
Funding fee$1,181$1,181$0
Note rate3.330%3.330%7.320%
Blended rate3.330%5.935%7.560%
1st payment$1,200.13$1,200.13$3,950.54
2nd payment$0.00$2,189.00$0.00
Taxes / mo$151.17$151.17$151.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.02
HOA / mo$61.00$61.00$61.00
Total monthly$1,578.97$3,767.97$4,444.39
Cash to close$402,842$63,900$63,900