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$206,519$206,519$431,909
Remaining term (yrs)16.916.930.0
Secondary amount$0$225,390$0
Funding fee$1,033$1,033$0
Note rate4.570%4.570%7.320%
Blended rate4.570%6.229%7.560%
1st payment$1,453.14$1,453.14$2,966.92
2nd payment$0.00$1,455.64$0.00
Taxes / mo$336.00$336.00$336.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$523.00$523.00$523.00
Total monthly$2,478.80$3,934.45$4,078.96
Cash to close$273,380$47,990$47,990