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$203,703$203,703$261,900
Remaining term (yrs)25.825.830.0
Secondary amount$0$58,197$0
Funding fee$1,019$1,019$0
Note rate5.810%5.810%7.400%
Blended rate5.810%6.519%7.640%
1st payment$1,268.76$1,268.76$1,813.34
2nd payment$0.00$436.47$0.00
Taxes / mo$243.00$243.00$243.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.38
HOA / mo$250.00$250.00$250.00
Total monthly$1,911.76$2,348.24$2,508.72
Cash to close$87,297$29,100$29,100