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$241,944$241,944$269,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$27,966$0
Funding fee$1,210$1,210$0
Note rate6.760%6.760%7.320%
Blended rate6.760%6.992%7.560%
1st payment$1,595.24$1,595.24$1,854.09
2nd payment$0.00$209.74$0.00
Taxes / mo$145.08$145.08$145.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,890.32$2,100.06$2,203.16
Cash to close$57,956$29,990$29,990