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$269,119$269,119$315,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$45,881$0
Funding fee$1,346$1,346$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.898%7.640%
1st payment$1,777.16$1,777.16$2,181.00
2nd payment$0.00$344.11$0.00
Taxes / mo$56.92$56.92$56.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,984.08$2,328.19$2,450.91
Cash to close$80,881$35,000$35,000