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$259,547$259,547$315,000
Remaining term (yrs)28.028.030.0
Secondary amount$0$55,453$0
Funding fee$1,298$1,298$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.915%7.640%
1st payment$1,672.53$1,672.53$2,181.00
2nd payment$0.00$415.90$0.00
Taxes / mo$481.17$481.17$481.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$79.00$79.00$79.00
Total monthly$2,382.69$2,798.59$2,954.16
Cash to close$90,453$35,000$35,000