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$241,857$241,857$706,500
Remaining term (yrs)17.617.630.0
Secondary amount$0$464,643$0
Funding fee$1,209$1,209$0
Note rate4.340%4.340%7.400%
Blended rate4.340%6.583%7.640%
1st payment$1,630.39$1,630.39$4,891.66
2nd payment$0.00$3,000.82$0.00
Taxes / mo$342.08$342.08$342.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,189.14$5,189.97$5,591.71
Cash to close$543,143$78,500$78,500