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$270,487$270,487$410,400
Remaining term (yrs)22.422.430.0
Secondary amount$0$139,913$0
Funding fee$1,352$1,352$0
Note rate4.410%4.410%7.240%
Blended rate4.410%5.634%7.480%
1st payment$1,577.98$1,577.98$2,796.87
2nd payment$0.00$932.76$0.00
Taxes / mo$451.08$451.08$451.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.08
HOA / mo$180.00$180.00$180.00
Total monthly$2,375.73$3,308.49$3,676.70
Cash to close$185,513$45,600$45,600