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$267,172$267,172$305,550
Remaining term (yrs)27.927.930.0
Secondary amount$0$38,378$0
Funding fee$1,336$1,336$0
Note rate6.460%6.460%7.320%
Blended rate6.460%6.779%7.560%
1st payment$1,719.94$1,719.94$2,098.92
2nd payment$0.00$287.83$0.00
Taxes / mo$671.83$671.83$671.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.11
HOA / mo$0.00$0.00$0.00
Total monthly$2,541.78$2,829.61$2,981.86
Cash to close$72,328$33,950$33,950