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$247,399$247,399$868,500
Remaining term (yrs)17.417.430.0
Secondary amount$0$621,101$0
Funding fee$1,237$1,237$0
Note rate4.280%4.280%7.400%
Blended rate4.280%6.762%7.640%
1st payment$1,670.52$1,670.52$6,013.32
2nd payment$0.00$4,011.28$0.00
Taxes / mo$804.17$804.17$804.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$173.70
HOA / mo$139.00$139.00$139.00
Total monthly$2,830.35$6,841.63$7,346.85
Cash to close$717,601$96,500$96,500