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$229,588$229,588$278,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$49,322$0
Funding fee$1,148$1,148$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.313%7.560%
1st payment$1,554.25$1,554.25$1,915.92
2nd payment$0.00$369.92$0.00
Taxes / mo$89.83$89.83$89.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,794.09$2,164.01$2,211.53
Cash to close$80,312$30,990$30,990