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$193,776$193,776$247,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$53,724$0
Funding fee$969$969$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.863%7.640%
1st payment$1,252.55$1,252.55$1,713.64
2nd payment$0.00$402.93$0.00
Taxes / mo$5.75$5.75$5.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,408.30$1,811.23$1,918.89
Cash to close$81,224$27,500$27,500