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$247,605$247,605$877,500
Remaining term (yrs)17.417.430.0
Secondary amount$0$629,895$0
Funding fee$1,238$1,238$0
Note rate4.300%4.300%7.400%
Blended rate4.300%6.777%7.640%
1st payment$1,674.49$1,674.49$6,075.63
2nd payment$0.00$4,068.07$0.00
Taxes / mo$812.50$812.50$812.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$175.50
HOA / mo$127.00$127.00$127.00
Total monthly$2,830.66$6,898.73$7,407.30
Cash to close$727,395$97,500$97,500