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$253,753$253,753$269,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$30,297$0
Funding fee$1,269$1,269$0
Note rate6.340%6.340%7.320%
Blended rate6.340%6.930%7.560%
1st payment$1,643.46$1,643.46$1,848.53
2nd payment$0.00$299.81$0.00
Taxes / mo$173.33$173.33$173.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,966.80$2,266.61$2,225.68
Cash to close$45,247$14,950$29,900