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$292,636$292,636$315,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$39,864$0
Funding fee$1,463$1,463$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.734%7.640%
1st payment$2,027.37$2,027.37$2,181.00
2nd payment$0.00$394.49$0.00
Taxes / mo$137.33$137.33$137.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,314.70$2,709.19$2,531.33
Cash to close$57,364$17,500$35,000