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$213,846$213,846$231,300
Remaining term (yrs)27.427.430.0
Secondary amount$0$30,304$0
Funding fee$1,069$1,069$0
Note rate6.900%6.900%7.320%
Blended rate6.900%7.518%7.560%
1st payment$1,446.43$1,446.43$1,588.87
2nd payment$0.00$299.89$0.00
Taxes / mo$214.17$214.17$214.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,810.60$2,110.48$1,999.30
Cash to close$43,154$12,850$25,700