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$247,078$247,078$269,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$37,827$0
Funding fee$1,235$1,235$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.193%7.640%
1st payment$1,307.92$1,307.92$1,868.80
2nd payment$0.00$374.33$0.00
Taxes / mo$120.79$120.79$120.79
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$433.00$433.00$433.00
Total monthly$2,011.71$2,386.04$2,626.57
Cash to close$52,822$14,995$29,990