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$239,854$239,854$427,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$187,646$0
Funding fee$1,199$1,199$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.851%7.640%
1st payment$1,444.61$1,444.61$2,959.92
2nd payment$0.00$1,250.98$0.00
Taxes / mo$195.67$195.67$195.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,806.94$3,057.92$3,407.76
Cash to close$235,146$47,500$47,500