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$208,673$208,673$270,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$61,327$0
Funding fee$1,043$1,043$0
Note rate6.620%6.620%7.400%
Blended rate6.620%7.161%7.640%
1st payment$1,356.76$1,356.76$1,869.43
2nd payment$0.00$459.95$0.00
Taxes / mo$110.08$110.08$110.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,616.84$2,076.80$2,183.51
Cash to close$91,327$30,000$30,000