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$228,660$228,660$463,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$234,840$0
Funding fee$1,143$1,143$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.629%7.640%
1st payment$1,316.46$1,316.46$3,209.18
2nd payment$0.00$1,516.68$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$399.00$399.00$399.00
Total monthly$2,311.30$3,827.97$4,296.71
Cash to close$286,340$51,500$51,500