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$273,335$273,335$287,955
Remaining term (yrs)36.336.330.0
Secondary amount$0$30,618$0
Funding fee$1,367$1,367$0
Note rate6.480%6.480%7.320%
Blended rate6.480%7.023%7.560%
1st payment$1,631.02$1,631.02$1,978.05
2nd payment$0.00$302.99$0.00
Taxes / mo$175.33$175.33$175.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.59
HOA / mo$0.00$0.00$0.00
Total monthly$1,956.36$2,259.34$2,360.98
Cash to close$46,615$15,998$31,995