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$216,168$216,168$386,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$169,932$0
Funding fee$1,081$1,081$0
Note rate3.580%3.580%7.400%
Blended rate3.580%5.525%7.640%
1st payment$1,269.86$1,269.86$2,673.28
2nd payment$0.00$1,132.88$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$205.00$205.00$205.00
Total monthly$1,982.36$3,115.24$3,463.00
Cash to close$212,832$42,900$42,900