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$217,042$217,042$526,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$309,458$0
Funding fee$1,085$1,085$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.039%7.640%
1st payment$1,154.80$1,154.80$3,645.38
2nd payment$0.00$1,998.58$0.00
Taxes / mo$334.33$334.33$334.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,655.80$3,654.38$4,251.68
Cash to close$367,958$58,500$58,500