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$269,043$269,043$328,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$59,457$0
Funding fee$1,345$1,345$0
Note rate6.690%6.690%7.320%
Blended rate6.690%7.108%7.560%
1st payment$1,798.48$1,798.48$2,256.57
2nd payment$0.00$445.93$0.00
Taxes / mo$199.22$199.22$199.22
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$352.00$352.00$352.00
Total monthly$2,499.70$2,945.63$3,023.49
Cash to close$95,957$36,500$36,500