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$271,995$271,995$328,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$56,505$0
Funding fee$1,360$1,360$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.369%7.560%
1st payment$1,868.49$1,868.49$2,256.57
2nd payment$0.00$423.78$0.00
Taxes / mo$130.33$130.33$130.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$105.00$105.00$105.00
Total monthly$2,253.83$2,677.61$2,707.60
Cash to close$93,005$36,500$36,500