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$261,086$261,086$302,310
Remaining term (yrs)25.525.530.0
Secondary amount$0$41,224$0
Funding fee$1,305$1,305$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.260%7.640%
1st payment$1,456.32$1,456.32$2,093.13
2nd payment$0.00$309.18$0.00
Taxes / mo$31.33$31.33$31.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.46
HOA / mo$190.00$190.00$190.00
Total monthly$1,827.65$2,136.83$2,524.93
Cash to close$74,814$33,590$33,590