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$309,815$309,815$359,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$50,095$0
Funding fee$1,549$1,549$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.425%7.640%
1st payment$2,146.38$2,146.38$2,491.94
2nd payment$0.00$375.72$0.00
Taxes / mo$580.17$580.17$580.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,876.55$3,252.26$3,294.09
Cash to close$90,085$39,990$39,990