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$285,339$285,339$372,510
Remaining term (yrs)27.727.730.0
Secondary amount$0$87,171$0
Funding fee$1,427$1,427$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.491%7.560%
1st payment$1,948.57$1,948.57$2,558.89
2nd payment$0.00$653.79$0.00
Taxes / mo$408.17$408.17$408.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.50
HOA / mo$50.83$50.83$50.83
Total monthly$2,557.57$3,211.35$3,242.38
Cash to close$128,561$41,390$41,390