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$200,898$200,898$322,290
Remaining term (yrs)27.227.230.0
Secondary amount$0$121,392$0
Funding fee$1,004$1,004$0
Note rate7.220%7.220%7.320%
Blended rate7.220%7.514%7.560%
1st payment$1,405.17$1,405.17$2,213.91
2nd payment$0.00$809.28$0.00
Taxes / mo$247.67$247.67$247.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,802.84$2,612.12$2,676.03
Cash to close$157,202$35,810$35,810