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$279,534$279,534$332,955
Remaining term (yrs)26.126.130.0
Secondary amount$0$53,421$0
Funding fee$1,398$1,398$0
Note rate7.080%7.080%7.400%
Blended rate7.080%7.388%7.640%
1st payment$1,955.85$1,955.85$2,305.31
2nd payment$0.00$400.66$0.00
Taxes / mo$308.29$308.29$308.29
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.59
HOA / mo$0.00$0.00$0.00
Total monthly$2,414.14$2,814.80$2,830.20
Cash to close$90,416$36,995$36,995