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$204,446$204,446$224,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$32,959$0
Funding fee$1,022$1,022$0
Note rate4.170%4.170%7.320%
Blended rate4.170%5.240%7.560%
1st payment$1,082.25$1,082.25$1,544.98
2nd payment$0.00$326.16$0.00
Taxes / mo$268.17$268.17$268.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,500.41$1,826.57$2,008.12
Cash to close$45,454$12,495$24,990