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$232,054$232,054$503,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$271,046$0
Funding fee$1,160$1,160$0
Note rate3.680%3.680%7.400%
Blended rate3.680%5.873%7.640%
1st payment$1,387.10$1,387.10$3,483.36
2nd payment$0.00$1,750.51$0.00
Taxes / mo$465.83$465.83$465.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$268.00$268.00$268.00
Total monthly$2,287.60$4,038.11$4,484.48
Cash to close$326,946$55,900$55,900