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$204,757$204,757$270,000
Remaining term (yrs)22.522.530.0
Secondary amount$0$65,243$0
Funding fee$1,024$1,024$0
Note rate4.080%4.080%7.400%
Blended rate4.080%5.269%7.640%
1st payment$1,154.97$1,154.97$1,869.43
2nd payment$0.00$489.32$0.00
Taxes / mo$413.17$413.17$413.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$32.42$32.42$32.42
Total monthly$1,750.55$2,239.87$2,519.01
Cash to close$95,243$30,000$30,000