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$233,698$233,698$494,999
Remaining term (yrs)18.018.030.0
Secondary amount$0$261,301$0
Funding fee$1,168$1,168$0
Note rate4.190%4.190%7.400%
Blended rate4.190%6.069%7.640%
1st payment$1,533.06$1,533.06$3,427.27
2nd payment$0.00$1,687.57$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$150.00$150.00$150.00
Total monthly$2,308.06$3,995.63$4,301.27
Cash to close$316,301$55,000$55,000