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$250,752$250,752$379,800
Remaining term (yrs)25.625.630.0
Secondary amount$0$129,048$0
Funding fee$1,254$1,254$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.834%7.640%
1st payment$1,403.57$1,403.57$2,629.66
2nd payment$0.00$860.32$0.00
Taxes / mo$273.67$273.67$273.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.96
HOA / mo$86.67$86.67$86.67
Total monthly$1,913.91$2,774.23$3,215.96
Cash to close$171,248$42,200$42,200