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$226,652$226,652$549,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$322,348$0
Funding fee$1,133$1,133$0
Note rate3.800%3.800%7.400%
Blended rate3.800%6.119%7.640%
1st payment$1,235.72$1,235.72$3,801.17
2nd payment$0.00$2,081.83$0.00
Taxes / mo$508.33$508.33$508.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$135.00$135.00$135.00
Total monthly$2,045.72$4,127.55$4,720.97
Cash to close$383,348$61,000$61,000