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$273,891$273,891$382,050
Remaining term (yrs)29.729.730.0
Secondary amount$0$108,159$0
Funding fee$1,369$1,369$0
Note rate6.520%6.520%7.400%
Blended rate6.520%6.939%7.640%
1st payment$1,737.92$1,737.92$2,645.24
2nd payment$0.00$721.06$0.00
Taxes / mo$117.33$117.33$117.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.41
HOA / mo$0.00$0.00$0.00
Total monthly$2,005.26$2,726.31$2,988.98
Cash to close$150,609$42,450$42,450