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$269,026$269,026$314,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$45,074$0
Funding fee$1,345$1,345$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.850%7.560%
1st payment$1,776.32$1,776.32$2,157.65
2nd payment$0.00$338.05$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,217.15$2,555.20$2,661.30
Cash to close$79,974$34,900$34,900