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$286,294$286,294$337,499
Remaining term (yrs)26.026.030.0
Secondary amount$0$51,206$0
Funding fee$1,431$1,431$0
Note rate7.080%7.080%7.400%
Blended rate7.080%7.371%7.640%
1st payment$2,005.34$2,005.34$2,336.78
2nd payment$0.00$384.04$0.00
Taxes / mo$13.50$13.50$13.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,168.84$2,552.89$2,567.78
Cash to close$88,705$37,500$37,500