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$204,221$204,221$764,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$560,689$0
Funding fee$1,021$1,021$0
Note rate3.690%3.690%7.320%
Blended rate3.690%6.666%7.560%
1st payment$1,218.25$1,218.25$5,254.40
2nd payment$0.00$3,621.12$0.00
Taxes / mo$518.58$518.58$518.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.98
HOA / mo$250.67$250.67$250.67
Total monthly$2,204.17$5,825.29$6,393.30
Cash to close$645,679$84,990$84,990