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$207,927$207,927$627,300
Remaining term (yrs)19.919.930.0
Secondary amount$0$419,373$0
Funding fee$1,040$1,040$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.325%7.560%
1st payment$1,200.56$1,200.56$4,309.12
2nd payment$0.00$2,708.45$0.00
Taxes / mo$281.17$281.17$281.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.46
HOA / mo$8.33$8.33$8.33
Total monthly$1,656.72$4,365.17$4,890.74
Cash to close$489,073$69,700$69,700