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$238,394$238,394$265,050
Remaining term (yrs)27.427.430.0
Secondary amount$0$26,656$0
Funding fee$1,192$1,192$0
Note rate6.600%6.600%7.320%
Blended rate6.600%6.841%7.560%
1st payment$1,567.72$1,567.72$1,820.71
2nd payment$0.00$199.92$0.00
Taxes / mo$84.33$84.33$84.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.01
HOA / mo$0.00$0.00$0.00
Total monthly$1,802.06$2,001.98$2,108.05
Cash to close$56,106$29,450$29,450