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$244,357$244,357$269,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$25,553$0
Funding fee$1,222$1,222$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.618%7.640%
1st payment$1,292.15$1,292.15$1,868.80
2nd payment$0.00$191.65$0.00
Taxes / mo$295.33$295.33$295.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,737.48$1,929.13$2,368.12
Cash to close$55,543$29,990$29,990