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$218,790$218,790$468,000
Remaining term (yrs)22.422.430.0
Secondary amount$0$249,210$0
Funding fee$1,094$1,094$0
Note rate4.450%4.450%7.400%
Blended rate4.450%6.207%7.640%
1st payment$1,283.98$1,283.98$3,240.34
2nd payment$0.00$1,609.48$0.00
Taxes / mo$156.50$156.50$156.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,607.15$3,216.63$3,657.10
Cash to close$301,210$52,000$52,000