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$234,772$234,772$269,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$34,328$0
Funding fee$1,174$1,174$0
Note rate5.130%5.130%7.320%
Blended rate5.130%5.624%7.560%
1st payment$1,361.99$1,361.99$1,848.53
2nd payment$0.00$257.46$0.00
Taxes / mo$69.33$69.33$69.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,581.32$1,838.78$2,121.68
Cash to close$64,228$29,900$29,900