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$227,365$227,365$392,940
Remaining term (yrs)22.622.630.0
Secondary amount$0$165,575$0
Funding fee$1,137$1,137$0
Note rate4.170%4.170%7.400%
Blended rate4.170%5.784%7.640%
1st payment$1,290.77$1,290.77$2,720.64
2nd payment$0.00$1,103.83$0.00
Taxes / mo$328.75$328.75$328.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.59
HOA / mo$60.00$60.00$60.00
Total monthly$1,829.52$2,933.36$3,337.98
Cash to close$209,235$43,660$43,660