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$273,906$273,906$517,499
Remaining term (yrs)22.622.630.0
Secondary amount$0$243,593$0
Funding fee$1,370$1,370$0
Note rate4.120%4.120%7.400%
Blended rate4.120%5.829%7.640%
1st payment$1,547.53$1,547.53$3,583.06
2nd payment$0.00$1,573.20$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,193.36$3,766.56$4,332.39
Cash to close$301,093$57,500$57,500