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$286,653$286,653$310,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$41,097$0
Funding fee$1,433$1,433$0
Note rate6.650%6.650%7.320%
Blended rate6.650%7.305%7.560%
1st payment$1,917.47$1,917.47$2,132.92
2nd payment$0.00$406.69$0.00
Taxes / mo$287.08$287.08$287.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$437.00$437.00$437.00
Total monthly$2,791.55$3,198.24$3,069.10
Cash to close$58,347$17,250$34,500