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$258,897$258,897$269,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$25,153$0
Funding fee$1,294$1,294$0
Note rate6.570%6.570%7.400%
Blended rate6.570%7.040%7.640%
1st payment$1,712.67$1,712.67$1,863.19
2nd payment$0.00$248.91$0.00
Taxes / mo$71.92$71.92$71.92
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$1,934.58$2,183.49$2,138.93
Cash to close$40,103$14,950$29,900