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$211,987$211,987$373,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$161,513$0
Funding fee$1,060$1,060$0
Note rate5.730%5.730%7.400%
Blended rate5.730%6.712%7.640%
1st payment$1,439.45$1,439.45$2,586.04
2nd payment$0.00$1,076.76$0.00
Taxes / mo$345.83$345.83$345.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,935.29$3,012.04$3,156.57
Cash to close$203,013$41,500$41,500