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$234,632$234,632$427,410
Remaining term (yrs)23.023.030.0
Secondary amount$0$192,778$0
Funding fee$1,173$1,173$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.590%7.640%
1st payment$1,246.75$1,246.75$2,959.30
2nd payment$0.00$1,285.19$0.00
Taxes / mo$738.42$738.42$738.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$10.42$10.42$10.42
Total monthly$2,162.25$3,447.44$3,960.29
Cash to close$240,268$47,490$47,490