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$200,556$200,556$242,999
Remaining term (yrs)26.226.230.0
Secondary amount$0$42,443$0
Funding fee$1,003$1,003$0
Note rate7.080%7.080%7.320%
Blended rate7.080%7.415%7.560%
1st payment$1,401.73$1,401.73$1,669.24
2nd payment$0.00$318.32$0.00
Taxes / mo$84.52$84.52$84.52
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,636.25$1,954.57$1,952.36
Cash to close$69,443$27,000$27,000