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$200,183$200,183$332,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$132,727$0
Funding fee$1,001$1,001$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.453%7.560%
1st payment$1,376.28$1,376.28$2,286.86
2nd payment$0.00$884.85$0.00
Taxes / mo$167.92$167.92$167.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$105.00$105.00$105.00
Total monthly$1,799.20$2,684.05$2,776.36
Cash to close$169,717$36,990$36,990