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$263,117$263,117$279,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$31,383$0
Funding fee$1,316$1,316$0
Note rate5.810%5.810%7.400%
Blended rate5.810%6.456%7.640%
1st payment$1,638.82$1,638.82$1,931.74
2nd payment$0.00$310.56$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$235.00$235.00$235.00
Total monthly$2,282.15$2,592.71$2,630.87
Cash to close$46,883$15,500$31,000