Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$241,854$241,854$382,500
Remaining term (yrs)0.60.630.0
Secondary amount$0$140,646$0
Funding fee$1,209$1,209$0
Note rate6.230%6.230%7.320%
Blended rate6.230%6.881%7.560%
1st payment$27,575.10$27,575.10$2,627.51
2nd payment$0.00$937.64$0.00
Taxes / mo$261.42$261.42$261.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$27,986.51$28,924.15$3,115.43
Cash to close$183,146$42,500$42,500