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$244,522$244,522$535,500
Remaining term (yrs)21.521.530.0
Secondary amount$0$290,978$0
Funding fee$1,223$1,223$0
Note rate4.420%4.420%7.400%
Blended rate4.420%6.229%7.640%
1st payment$1,463.20$1,463.20$3,707.69
2nd payment$0.00$1,879.23$0.00
Taxes / mo$272.00$272.00$272.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$16.67$16.67$16.67
Total monthly$1,918.54$3,797.77$4,270.13
Cash to close$350,478$59,500$59,500