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$201,378$201,378$697,410
Remaining term (yrs)16.416.430.0
Secondary amount$0$496,032$0
Funding fee$1,007$1,007$0
Note rate3.530%3.530%7.320%
Blended rate3.530%6.531%7.560%
1st payment$1,338.32$1,338.32$4,790.72
2nd payment$0.00$3,203.54$0.00
Taxes / mo$367.58$367.58$367.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.48
HOA / mo$121.00$121.00$121.00
Total monthly$2,043.57$5,247.11$5,635.45
Cash to close$573,522$77,490$77,490