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$211,026$211,026$269,999
Remaining term (yrs)27.127.130.0
Secondary amount$0$58,974$0
Funding fee$1,055$1,055$0
Note rate7.630%7.630%7.320%
Blended rate7.630%7.929%7.560%
1st payment$1,534.96$1,534.96$1,854.71
2nd payment$0.00$442.30$0.00
Taxes / mo$589.92$589.92$589.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$30.00$30.00$30.00
Total monthly$2,304.88$2,747.18$2,678.62
Cash to close$88,973$30,000$30,000