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$228,539$228,539$565,999
Remaining term (yrs)19.819.830.0
Secondary amount$0$337,460$0
Funding fee$1,143$1,143$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.026%7.640%
1st payment$1,326.92$1,326.92$3,918.86
2nd payment$0.00$2,179.43$0.00
Taxes / mo$508.42$508.42$508.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.20
HOA / mo$125.00$125.00$125.00
Total monthly$2,127.01$4,306.43$4,832.15
Cash to close$400,349$62,889$62,889