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$270,369$270,369$305,189
Remaining term (yrs)25.925.930.0
Secondary amount$0$34,820$0
Funding fee$1,352$1,352$0
Note rate5.300%5.300%7.320%
Blended rate5.300%5.722%7.560%
1st payment$1,595.87$1,595.87$2,096.44
2nd payment$0.00$261.15$0.00
Taxes / mo$184.00$184.00$184.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,929.87$2,191.02$2,491.48
Cash to close$68,730$33,910$33,910