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$272,022$272,022$301,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$29,478$0
Funding fee$1,360$1,360$0
Note rate6.150%6.150%7.320%
Blended rate6.150%6.429%7.560%
1st payment$1,735.69$1,735.69$2,071.10
2nd payment$0.00$221.08$0.00
Taxes / mo$57.17$57.17$57.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$4.17$4.17$4.17
Total monthly$1,947.03$2,168.11$2,342.73
Cash to close$62,978$33,500$33,500