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$279,603$279,603$323,910
Remaining term (yrs)29.729.730.0
Secondary amount$0$44,307$0
Funding fee$1,398$1,398$0
Note rate7.750%7.750%7.320%
Blended rate7.750%7.921%7.560%
1st payment$2,005.95$2,005.95$2,225.04
2nd payment$0.00$332.30$0.00
Taxes / mo$470.33$470.33$470.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,626.29$2,958.59$2,910.15
Cash to close$80,297$35,990$35,990