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$292,291$292,291$346,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$54,119$0
Funding fee$1,461$1,461$0
Note rate6.820%6.820%7.320%
Blended rate6.820%7.161%7.560%
1st payment$1,959.77$1,959.77$2,379.60
2nd payment$0.00$405.89$0.00
Taxes / mo$646.33$646.33$646.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,756.11$3,162.00$3,245.21
Cash to close$92,609$38,490$38,490