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$290,615$290,615$314,991
Remaining term (yrs)27.527.530.0
Secondary amount$0$41,876$0
Funding fee$1,453$1,453$0
Note rate6.790%6.790%7.320%
Blended rate6.790%7.430%7.560%
1st payment$1,942.86$1,942.86$2,163.77
2nd payment$0.00$414.40$0.00
Taxes / mo$95.11$95.11$95.11
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$209.00$209.00$209.00
Total monthly$2,396.96$2,811.36$2,680.88
Cash to close$59,375$17,500$34,999