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$202,174$202,174$436,500
Remaining term (yrs)19.419.430.0
Secondary amount$0$234,326$0
Funding fee$1,011$1,011$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.851%7.640%
1st payment$1,205.36$1,205.36$3,022.24
2nd payment$0.00$1,513.36$0.00
Taxes / mo$37.50$37.50$37.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$41.67$41.67$41.67
Total monthly$1,451.20$2,964.56$3,355.37
Cash to close$282,826$48,500$48,500