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$266,671$266,671$306,900
Remaining term (yrs)27.627.630.0
Secondary amount$0$40,229$0
Funding fee$1,333$1,333$0
Note rate6.860%6.860%7.400%
Blended rate6.860%7.141%7.640%
1st payment$1,793.14$1,793.14$2,124.91
2nd payment$0.00$301.72$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.38
HOA / mo$44.00$44.00$44.00
Total monthly$2,466.31$2,768.03$2,859.46
Cash to close$74,329$34,100$34,100