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$217,010$217,010$562,410
Remaining term (yrs)22.422.430.0
Secondary amount$0$345,400$0
Funding fee$1,085$1,085$0
Note rate4.400%4.400%7.320%
Blended rate4.400%6.457%7.560%
1st payment$1,267.55$1,267.55$3,863.37
2nd payment$0.00$2,230.71$0.00
Taxes / mo$531.75$531.75$531.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,965.97$4,196.67$4,674.27
Cash to close$407,890$62,490$62,490