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$229,192$229,192$467,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$237,908$0
Funding fee$1,146$1,146$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.370%7.640%
1st payment$1,097.65$1,097.65$3,234.11
2nd payment$0.00$1,536.49$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.42
HOA / mo$160.00$160.00$160.00
Total monthly$1,856.82$3,393.31$4,086.69
Cash to close$289,808$51,900$51,900