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$238,258$238,258$629,910
Remaining term (yrs)21.421.430.0
Secondary amount$0$391,652$0
Funding fee$1,191$1,191$0
Note rate4.380%4.380%7.400%
Blended rate4.380%6.475%7.640%
1st payment$1,423.80$1,423.80$4,361.37
2nd payment$0.00$2,529.42$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,173.72$4,703.14$5,237.27
Cash to close$461,642$69,990$69,990