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$208,673$208,673$437,310
Remaining term (yrs)21.421.430.0
Secondary amount$0$228,637$0
Funding fee$1,043$1,043$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.956%7.640%
1st payment$1,206.00$1,206.00$3,027.85
2nd payment$0.00$1,476.61$0.00
Taxes / mo$223.25$223.25$223.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.46
HOA / mo$20.00$20.00$20.00
Total monthly$1,615.91$3,092.53$3,525.22
Cash to close$277,227$48,590$48,590