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$212,515$212,515$256,950
Remaining term (yrs)26.126.130.0
Secondary amount$0$44,435$0
Funding fee$1,063$1,063$0
Note rate7.080%7.080%7.320%
Blended rate7.080%7.412%7.560%
1st payment$1,486.93$1,486.93$1,765.07
2nd payment$0.00$333.26$0.00
Taxes / mo$35.25$35.25$35.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$51.39
HOA / mo$0.00$0.00$0.00
Total monthly$1,672.18$2,005.44$2,001.71
Cash to close$72,985$28,550$28,550