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$241,699$241,699$517,410
Remaining term (yrs)21.721.730.0
Secondary amount$0$275,711$0
Funding fee$1,208$1,208$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.994%7.640%
1st payment$1,383.40$1,383.40$3,582.44
2nd payment$0.00$1,780.63$0.00
Taxes / mo$112.17$112.17$112.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,662.23$3,442.86$3,964.76
Cash to close$333,201$57,490$57,490