Dan Frey Home Loans
Call Dan

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$271,368$271,368$296,955
Remaining term (yrs)26.426.430.0
Secondary amount$0$25,587$0
Funding fee$1,357$1,357$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.505%7.560%
1st payment$1,751.93$1,751.93$2,039.87
2nd payment$0.00$191.91$0.00
Taxes / mo$763.83$763.83$763.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.39
HOA / mo$0.00$0.00$0.00
Total monthly$2,665.76$2,857.67$3,013.10
Cash to close$58,582$32,995$32,995