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$250,435$250,435$269,910
Remaining term (yrs)28.728.730.0
Secondary amount$0$34,470$0
Funding fee$1,252$1,252$0
Note rate6.760%6.760%7.400%
Blended rate6.760%7.379%7.640%
1st payment$1,646.53$1,646.53$1,868.80
2nd payment$0.00$341.11$0.00
Taxes / mo$210.25$210.25$210.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$2.50$2.50$2.50
Total monthly$2,009.28$2,350.39$2,285.53
Cash to close$49,465$14,995$29,990