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$246,407$246,407$368,190
Remaining term (yrs)21.521.530.0
Secondary amount$0$121,783$0
Funding fee$1,232$1,232$0
Note rate4.440%4.440%7.400%
Blended rate4.440%5.618%7.640%
1st payment$1,477.18$1,477.18$2,549.27
2nd payment$0.00$811.89$0.00
Taxes / mo$185.67$185.67$185.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.64
HOA / mo$86.00$86.00$86.00
Total monthly$1,898.85$2,710.73$3,044.58
Cash to close$162,693$40,910$40,910