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$233,493$233,493$283,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$49,917$0
Funding fee$1,167$1,167$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.433%7.640%
1st payment$1,302.41$1,302.41$1,962.27
2nd payment$0.00$374.38$0.00
Taxes / mo$141.92$141.92$141.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,594.32$1,968.70$2,310.87
Cash to close$81,407$31,490$31,490