Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$260,262$260,262$301,500
Remaining term (yrs)12.512.530.0
Secondary amount$0$41,238$0
Funding fee$1,301$1,301$0
Note rate6.110%6.110%7.320%
Blended rate6.110%6.505%7.560%
1st payment$2,463.60$2,463.60$2,071.10
2nd payment$0.00$309.29$0.00
Taxes / mo$307.67$307.67$307.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,921.27$3,230.55$2,589.06
Cash to close$74,738$33,500$33,500