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$254,728$254,728$269,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$30,177$0
Funding fee$1,274$1,274$0
Note rate7.060%7.060%7.320%
Blended rate7.060%7.570%7.560%
1st payment$1,744.57$1,744.57$1,854.09
2nd payment$0.00$298.62$0.00
Taxes / mo$194.33$194.33$194.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,088.90$2,387.52$2,252.41
Cash to close$45,172$14,995$29,990