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$297,831$297,831$359,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$61,269$0
Funding fee$1,489$1,489$0
Note rate7.100%7.100%7.320%
Blended rate7.100%7.424%7.560%
1st payment$2,049.59$2,049.59$2,466.77
2nd payment$0.00$459.52$0.00
Taxes / mo$623.75$623.75$623.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$682.00$682.00$682.00
Total monthly$3,505.34$3,964.86$3,994.34
Cash to close$101,169$39,900$39,900