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$6,153$6,153$252,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$245,847$0
Funding fee$31$31$0
Note rate5.510%5.510%7.320%
Blended rate5.510%7.695%7.560%
1st payment$37.76$37.76$1,731.07
2nd payment$0.00$1,587.76$0.00
Taxes / mo$612.56$612.56$612.56
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$800.33$2,388.09$2,544.03
Cash to close$273,847$28,000$28,000