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$317,477$317,477$377,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$60,433$0
Funding fee$1,587$1,587$0
Note rate4.170%4.170%7.400%
Blended rate4.170%4.942%7.640%
1st payment$1,680.59$1,680.59$2,616.57
2nd payment$0.00$453.24$0.00
Taxes / mo$199.66$199.66$199.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,030.25$2,483.49$3,041.81
Cash to close$102,423$41,990$41,990