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$221,293$221,293$245,700
Remaining term (yrs)25.625.630.0
Secondary amount$0$38,057$0
Funding fee$1,106$1,106$0
Note rate4.720%4.720%7.320%
Blended rate4.720%5.770%7.560%
1st payment$1,238.68$1,238.68$1,687.79
2nd payment$0.00$376.61$0.00
Taxes / mo$168.83$168.83$168.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.14
HOA / mo$0.00$0.00$0.00
Total monthly$1,557.51$1,934.12$2,055.76
Cash to close$51,707$13,650$27,300