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$229,345$229,345$314,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$84,755$0
Funding fee$1,147$1,147$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.999%7.560%
1st payment$1,475.58$1,475.58$2,157.65
2nd payment$0.00$635.66$0.00
Taxes / mo$91.33$91.33$91.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$225.00$225.00$225.00
Total monthly$1,941.92$2,577.58$2,686.80
Cash to close$119,655$34,900$34,900