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$201,297$201,297$305,955
Remaining term (yrs)26.126.130.0
Secondary amount$0$104,658$0
Funding fee$1,006$1,006$0
Note rate7.080%7.080%7.320%
Blended rate7.080%7.395%7.560%
1st payment$1,408.44$1,408.44$2,101.70
2nd payment$0.00$697.72$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.19
HOA / mo$95.00$95.00$95.00
Total monthly$1,986.77$2,684.49$2,741.22
Cash to close$138,653$33,995$33,995