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$238,084$238,084$285,390
Remaining term (yrs)29.229.230.0
Secondary amount$0$47,306$0
Funding fee$1,190$1,190$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.681%7.640%
1st payment$1,472.73$1,472.73$1,975.98
2nd payment$0.00$354.79$0.00
Taxes / mo$148.25$148.25$148.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,770.98$2,125.78$2,331.31
Cash to close$79,016$31,710$31,710