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$331,573$331,573$539,550
Remaining term (yrs)22.722.730.0
Secondary amount$0$207,977$0
Funding fee$1,658$1,658$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.445%7.640%
1st payment$1,847.60$1,847.60$3,735.74
2nd payment$0.00$1,343.19$0.00
Taxes / mo$384.92$384.92$384.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.91
HOA / mo$38.00$38.00$38.00
Total monthly$2,437.18$3,780.37$4,433.23
Cash to close$267,927$59,950$59,950