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$205,545$205,545$233,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,365$0
Funding fee$1,028$1,028$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.794%7.560%
1st payment$1,327.19$1,327.19$1,606.80
2nd payment$0.00$212.73$0.00
Taxes / mo$53.17$53.17$53.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,530.36$1,743.09$1,856.75
Cash to close$54,355$25,990$25,990