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$219,798$219,798$238,050
Remaining term (yrs)27.727.730.0
Secondary amount$0$31,477$0
Funding fee$1,099$1,099$0
Note rate7.060%7.060%7.400%
Blended rate7.060%7.663%7.640%
1st payment$1,505.34$1,505.34$1,648.21
2nd payment$0.00$311.49$0.00
Taxes / mo$282.37$282.37$282.37
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.61
HOA / mo$0.00$0.00$0.00
Total monthly$1,937.70$2,249.19$2,128.19
Cash to close$44,702$13,225$26,450