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$260,387$260,387$271,890
Remaining term (yrs)28.328.330.0
Secondary amount$0$26,608$0
Funding fee$1,302$1,302$0
Note rate6.690%6.690%7.320%
Blended rate6.690%7.171%7.560%
1st payment$1,708.23$1,708.23$1,867.70
2nd payment$0.00$263.31$0.00
Taxes / mo$160.17$160.17$160.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,018.40$2,281.71$2,232.24
Cash to close$41,713$15,105$30,210