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$302,554$302,554$450,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$147,446$0
Funding fee$1,513$1,513$0
Note rate6.470%6.470%7.320%
Blended rate6.470%6.971%7.560%
1st payment$1,951.72$1,951.72$3,091.19
2nd payment$0.00$982.97$0.00
Taxes / mo$325.67$325.67$325.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$257.00$257.00$257.00
Total monthly$2,701.06$3,684.03$3,930.52
Cash to close$197,446$50,000$50,000