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$207,947$207,947$236,700
Remaining term (yrs)25.825.830.0
Secondary amount$0$28,753$0
Funding fee$1,040$1,040$0
Note rate5.810%5.810%7.320%
Blended rate5.810%6.197%7.560%
1st payment$1,295.19$1,295.19$1,625.96
2nd payment$0.00$215.65$0.00
Taxes / mo$54.25$54.25$54.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.34
HOA / mo$0.00$0.00$0.00
Total monthly$1,499.44$1,715.09$1,877.55
Cash to close$55,053$26,300$26,300