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$209,798$209,798$269,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$60,112$0
Funding fee$1,049$1,049$0
Note rate4.170%4.170%7.320%
Blended rate4.170%5.246%7.560%
1st payment$1,110.58$1,110.58$1,854.09
2nd payment$0.00$450.84$0.00
Taxes / mo$209.33$209.33$209.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,469.91$1,920.75$2,267.41
Cash to close$90,102$29,990$29,990