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$290,379$290,379$364,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$74,121$0
Funding fee$1,452$1,452$0
Note rate6.630%6.630%7.320%
Blended rate6.630%7.112%7.560%
1st payment$1,889.89$1,889.89$2,503.86
2nd payment$0.00$555.91$0.00
Taxes / mo$427.67$427.67$427.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$319.00$319.00$319.00
Total monthly$2,786.56$3,342.47$3,473.43
Cash to close$114,621$40,500$40,500