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$241,466$241,466$256,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$29,284$0
Funding fee$1,207$1,207$0
Note rate3.920%3.920%7.320%
Blended rate3.920%4.780%7.560%
1st payment$1,246.95$1,246.95$1,761.98
2nd payment$0.00$289.79$0.00
Taxes / mo$173.58$173.58$173.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,570.53$1,860.33$2,136.86
Cash to close$43,534$14,250$28,500