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$239,768$239,768$539,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$300,142$0
Funding fee$1,199$1,199$0
Note rate3.640%3.640%7.400%
Blended rate3.640%5.925%7.640%
1st payment$1,415.92$1,415.92$3,738.23
2nd payment$0.00$1,938.42$0.00
Taxes / mo$355.50$355.50$355.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,938.09$3,876.50$4,368.38
Cash to close$360,132$59,990$59,990