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$208,824$208,824$303,660
Remaining term (yrs)27.427.430.0
Secondary amount$0$94,836$0
Funding fee$1,044$1,044$0
Note rate6.620%6.620%7.400%
Blended rate6.620%7.363%7.640%
1st payment$1,375.96$1,375.96$2,102.48
2nd payment$0.00$711.27$0.00
Taxes / mo$33.33$33.33$33.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.73
HOA / mo$0.00$0.00$0.00
Total monthly$1,559.29$2,270.56$2,346.55
Cash to close$128,576$33,740$33,740