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$226,866$226,866$683,100
Remaining term (yrs)20.420.430.0
Secondary amount$0$456,234$0
Funding fee$1,134$1,134$0
Note rate4.160%4.160%7.400%
Blended rate4.160%6.558%7.640%
1st payment$1,368.66$1,368.66$4,729.65
2nd payment$0.00$2,946.51$0.00
Taxes / mo$406.33$406.33$406.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.62
HOA / mo$27.08$27.08$27.08
Total monthly$2,018.74$4,965.25$5,516.35
Cash to close$532,134$75,900$75,900