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$236,429$236,429$269,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$32,671$0
Funding fee$1,182$1,182$0
Note rate6.900%6.900%7.400%
Blended rate6.900%7.155%7.640%
1st payment$1,626.74$1,626.74$1,863.19
2nd payment$0.00$245.03$0.00
Taxes / mo$213.17$213.17$213.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$445.00$445.00$445.00
Total monthly$2,434.91$2,679.94$2,725.18
Cash to close$62,571$29,900$29,900