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$220,751$220,751$675,000
Remaining term (yrs)15.915.930.0
Secondary amount$0$454,249$0
Funding fee$1,104$1,104$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.376%7.640%
1st payment$1,502.87$1,502.87$4,673.56
2nd payment$0.00$2,933.69$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$385.00$385.00$385.00
Total monthly$2,729.53$5,663.22$6,035.23
Cash to close$529,249$75,000$75,000