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$308,729$308,729$316,800
Remaining term (yrs)27.927.930.0
Secondary amount$0$25,671$0
Funding fee$1,544$1,544$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.774%7.640%
1st payment$1,965.64$1,965.64$2,193.46
2nd payment$0.00$254.03$0.00
Taxes / mo$427.17$427.17$427.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.36
HOA / mo$30.00$30.00$30.00
Total monthly$2,572.81$2,826.84$2,863.99
Cash to close$43,271$17,600$35,200