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$273,613$273,613$337,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$63,887$0
Funding fee$1,368$1,368$0
Note rate4.000%4.000%7.320%
Blended rate4.000%4.946%7.560%
1st payment$1,425.08$1,425.08$2,318.39
2nd payment$0.00$479.15$0.00
Taxes / mo$68.67$68.67$68.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$115.00$115.00$115.00
Total monthly$1,758.75$2,237.90$2,719.56
Cash to close$101,387$37,500$37,500