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$236,358$236,358$877,410
Remaining term (yrs)24.124.130.0
Secondary amount$0$641,052$0
Funding fee$1,182$1,182$0
Note rate2.910%2.910%7.400%
Blended rate2.910%6.446%7.640%
1st payment$1,133.19$1,133.19$6,075.01
2nd payment$0.00$4,140.13$0.00
Taxes / mo$158.58$158.58$158.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,508.44$5,648.56$6,625.74
Cash to close$738,542$97,490$97,490