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$274,018$274,018$332,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$58,082$0
Funding fee$1,370$1,370$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.469%7.640%
1st payment$1,533.80$1,533.80$2,299.39
2nd payment$0.00$435.62$0.00
Taxes / mo$312.33$312.33$312.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$379.67$379.67$379.67
Total monthly$2,375.80$2,811.42$3,207.82
Cash to close$94,982$36,900$36,900