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$305,660$305,660$314,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$26,745$0
Funding fee$1,528$1,528$0
Note rate5.410%5.410%7.400%
Blended rate5.410%5.930%7.640%
1st payment$1,827.00$1,827.00$2,180.37
2nd payment$0.00$264.66$0.00
Taxes / mo$126.67$126.67$126.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,103.67$2,368.33$2,520.02
Cash to close$44,240$17,495$34,990