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$252,875$252,875$301,455
Remaining term (yrs)25.725.730.0
Secondary amount$0$48,580$0
Funding fee$1,264$1,264$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.896%7.640%
1st payment$1,499.32$1,499.32$2,087.21
2nd payment$0.00$364.35$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.29
HOA / mo$417.00$417.00$417.00
Total monthly$2,107.41$2,471.75$2,755.59
Cash to close$82,075$33,495$33,495