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$229,412$229,412$332,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$103,498$0
Funding fee$1,147$1,147$0
Note rate6.190%6.190%7.320%
Blended rate6.190%6.753%7.560%
1st payment$1,418.96$1,418.96$2,286.86
2nd payment$0.00$689.99$0.00
Taxes / mo$395.64$395.64$395.64
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,964.61$2,654.59$2,899.08
Cash to close$140,488$36,990$36,990