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$302,601$302,601$345,510
Remaining term (yrs)25.825.830.0
Secondary amount$0$42,909$0
Funding fee$1,513$1,513$0
Note rate5.230%5.230%7.400%
Blended rate5.230%5.698%7.640%
1st payment$1,778.83$1,778.83$2,392.24
2nd payment$0.00$321.82$0.00
Taxes / mo$257.33$257.33$257.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,186.16$2,507.98$2,868.68
Cash to close$81,299$38,390$38,390