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$245,088$245,088$359,991
Remaining term (yrs)28.128.130.0
Secondary amount$0$114,903$0
Funding fee$1,225$1,225$0
Note rate6.440%6.440%7.400%
Blended rate6.440%6.938%7.640%
1st payment$1,571.32$1,571.32$2,492.50
2nd payment$0.00$766.02$0.00
Taxes / mo$100.00$100.00$100.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$142.00$142.00$142.00
Total monthly$1,963.32$2,729.34$2,956.50
Cash to close$154,902$39,999$39,999