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$223,358$223,358$539,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$316,552$0
Funding fee$1,117$1,117$0
Note rate3.330%3.330%7.400%
Blended rate3.330%5.921%7.640%
1st payment$1,137.71$1,137.71$3,738.23
2nd payment$0.00$2,044.40$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,345.46$3,389.86$4,053.96
Cash to close$376,542$59,990$59,990