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$250,989$250,989$269,910
Remaining term (yrs)29.129.130.0
Secondary amount$0$33,916$0
Funding fee$1,255$1,255$0
Note rate6.340%6.340%7.320%
Blended rate6.340%6.999%7.560%
1st payment$1,573.59$1,573.59$1,854.09
2nd payment$0.00$335.63$0.00
Taxes / mo$238.92$238.92$238.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,962.51$2,298.14$2,296.99
Cash to close$48,911$14,995$29,990