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$294,543$294,543$359,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$65,367$0
Funding fee$1,473$1,473$0
Note rate6.110%6.110%7.320%
Blended rate6.110%6.635%7.560%
1st payment$1,795.66$1,795.66$2,472.33
2nd payment$0.00$490.26$0.00
Taxes / mo$377.33$377.33$377.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,322.99$2,813.25$3,071.65
Cash to close$105,357$39,990$39,990