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$217,267$217,267$244,350
Remaining term (yrs)29.829.830.0
Secondary amount$0$27,083$0
Funding fee$1,086$1,086$0
Note rate6.470%6.470%7.320%
Blended rate6.470%6.750%7.560%
1st payment$1,370.24$1,370.24$1,678.51
2nd payment$0.00$203.12$0.00
Taxes / mo$226.25$226.25$226.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.87
HOA / mo$0.00$0.00$0.00
Total monthly$1,746.49$1,949.61$2,103.63
Cash to close$54,233$27,150$27,150