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$201,809$201,809$233,999
Remaining term (yrs)25.925.930.0
Secondary amount$0$32,190$0
Funding fee$1,009$1,009$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.809%7.640%
1st payment$1,192.96$1,192.96$1,620.16
2nd payment$0.00$241.43$0.00
Taxes / mo$112.67$112.67$112.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,455.63$1,697.05$1,929.63
Cash to close$58,190$26,000$26,000