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$270,487$270,487$417,600
Remaining term (yrs)22.422.430.0
Secondary amount$0$147,113$0
Funding fee$1,352$1,352$0
Note rate4.410%4.410%7.400%
Blended rate4.410%5.675%7.640%
1st payment$1,577.98$1,577.98$2,891.38
2nd payment$0.00$980.76$0.00
Taxes / mo$451.08$451.08$451.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.52
HOA / mo$180.00$180.00$180.00
Total monthly$2,375.73$3,356.49$3,772.65
Cash to close$193,513$46,400$46,400