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$261,387$261,387$368,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$107,523$0
Funding fee$1,307$1,307$0
Note rate4.670%4.670%7.400%
Blended rate4.670%5.641%7.640%
1st payment$1,457.99$1,457.99$2,554.26
2nd payment$0.00$716.82$0.00
Taxes / mo$573.33$573.33$573.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$106.33$106.33$106.33
Total monthly$2,287.66$3,004.48$3,457.70
Cash to close$148,513$40,990$40,990