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$247,472$247,472$314,550
Remaining term (yrs)26.526.530.0
Secondary amount$0$67,078$0
Funding fee$1,237$1,237$0
Note rate6.730%6.730%7.400%
Blended rate6.730%7.214%7.640%
1st payment$1,666.19$1,666.19$2,177.88
2nd payment$0.00$503.09$0.00
Taxes / mo$182.92$182.92$182.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,999.10$2,502.19$2,573.71
Cash to close$102,028$34,950$34,950