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$285,902$285,902$337,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$51,598$0
Funding fee$1,430$1,430$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.382%7.560%
1st payment$1,963.72$1,963.72$2,318.39
2nd payment$0.00$386.99$0.00
Taxes / mo$211.25$211.25$211.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,324.97$2,711.96$2,747.14
Cash to close$89,098$37,500$37,500