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$298,538$298,538$323,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$42,512$0
Funding fee$1,493$1,493$0
Note rate7.760%7.760%7.400%
Blended rate7.760%8.273%7.640%
1st payment$2,197.56$2,197.56$2,237.08
2nd payment$0.00$420.69$0.00
Taxes / mo$154.50$154.50$154.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,502.06$2,922.75$2,606.20
Cash to close$60,462$17,950$35,900