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$206,375$206,375$350,999
Remaining term (yrs)22.722.730.0
Secondary amount$0$144,624$0
Funding fee$1,032$1,032$0
Note rate4.070%4.070%7.320%
Blended rate4.070%5.689%7.560%
1st payment$1,157.80$1,157.80$2,411.12
2nd payment$0.00$964.16$0.00
Taxes / mo$317.33$317.33$317.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,625.14$2,589.30$2,948.65
Cash to close$183,624$39,000$39,000