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$254,873$254,873$281,700
Remaining term (yrs)25.925.930.0
Secondary amount$0$26,827$0
Funding fee$1,274$1,274$0
Note rate5.410%5.410%7.320%
Blended rate5.410%5.752%7.560%
1st payment$1,523.44$1,523.44$1,935.08
2nd payment$0.00$201.20$0.00
Taxes / mo$184.17$184.17$184.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.34
HOA / mo$0.00$0.00$0.00
Total monthly$1,857.61$2,058.81$2,325.59
Cash to close$58,127$31,300$31,300