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$295,977$295,977$308,700
Remaining term (yrs)28.628.630.0
Secondary amount$0$29,873$0
Funding fee$1,480$1,480$0
Note rate6.760%6.760%7.320%
Blended rate6.760%7.229%7.560%
1st payment$1,947.79$1,947.79$2,120.55
2nd payment$0.00$295.62$0.00
Taxes / mo$537.25$537.25$537.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.74
HOA / mo$0.00$0.00$0.00
Total monthly$2,635.04$2,930.66$2,869.54
Cash to close$47,023$17,150$34,300