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$299,160$299,160$328,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$29,340$0
Funding fee$1,496$1,496$0
Note rate4.170%4.170%7.320%
Blended rate4.170%4.601%7.560%
1st payment$1,583.62$1,583.62$2,256.57
2nd payment$0.00$220.05$0.00
Taxes / mo$211.75$211.75$211.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,945.37$2,165.42$2,684.02
Cash to close$65,840$36,500$36,500