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$237,251$237,251$269,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$32,659$0
Funding fee$1,186$1,186$0
Note rate5.000%5.000%7.320%
Blended rate5.000%5.484%7.560%
1st payment$1,368.90$1,368.90$1,854.09
2nd payment$0.00$244.94$0.00
Taxes / mo$107.25$107.25$107.25
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$1,626.15$1,871.09$2,165.33
Cash to close$62,649$29,990$29,990