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$214,763$214,763$656,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$442,147$0
Funding fee$1,074$1,074$0
Note rate3.640%3.640%7.400%
Blended rate3.640%6.406%7.640%
1st payment$1,279.31$1,279.31$4,548.31
2nd payment$0.00$2,855.54$0.00
Taxes / mo$439.75$439.75$439.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.38
HOA / mo$95.00$95.00$95.00
Total monthly$2,030.73$4,886.26$5,431.11
Cash to close$515,137$72,990$72,990