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$272,246$272,246$328,499
Remaining term (yrs)27.427.430.0
Secondary amount$0$56,253$0
Funding fee$1,361$1,361$0
Note rate6.820%6.820%7.320%
Blended rate6.820%7.193%7.560%
1st payment$1,829.12$1,829.12$2,256.56
2nd payment$0.00$421.90$0.00
Taxes / mo$65.01$65.01$65.01
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$85.67$85.67$85.67
Total monthly$2,129.80$2,551.70$2,622.94
Cash to close$92,753$36,500$36,500