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$286,877$286,877$436,500
Remaining term (yrs)20.620.630.0
Secondary amount$0$149,623$0
Funding fee$1,434$1,434$0
Note rate4.050%4.050%7.320%
Blended rate4.050%5.404%7.560%
1st payment$1,705.07$1,705.07$2,998.45
2nd payment$0.00$997.49$0.00
Taxes / mo$61.58$61.58$61.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,933.32$2,930.81$3,314.00
Cash to close$198,123$48,500$48,500