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$216,315$216,315$245,250
Remaining term (yrs)25.525.530.0
Secondary amount$0$28,935$0
Funding fee$1,082$1,082$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.740%7.640%
1st payment$1,145.08$1,145.08$1,698.06
2nd payment$0.00$217.01$0.00
Taxes / mo$157.75$157.75$157.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.05
HOA / mo$865.00$865.00$865.00
Total monthly$2,317.83$2,534.84$2,919.86
Cash to close$56,185$27,250$27,250