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$219,918$219,918$396,000
Remaining term (yrs)20.820.830.0
Secondary amount$0$176,082$0
Funding fee$1,100$1,100$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.723%7.560%
1st payment$1,282.94$1,282.94$2,720.25
2nd payment$0.00$1,173.88$0.00
Taxes / mo$175.67$175.67$175.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$50.00$50.00$50.00
Total monthly$1,658.60$2,832.48$3,175.11
Cash to close$220,082$44,000$44,000