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$304,844$304,844$323,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$37,061$0
Funding fee$1,524$1,524$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.457%7.560%
1st payment$2,055.71$2,055.71$2,225.04
2nd payment$0.00$366.75$0.00
Taxes / mo$76.00$76.00$76.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,281.71$2,648.46$2,515.82
Cash to close$55,056$17,995$35,990