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$267,808$267,808$287,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$36,097$0
Funding fee$1,339$1,339$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.350%7.640%
1st payment$1,781.68$1,781.68$1,993.43
2nd payment$0.00$357.21$0.00
Taxes / mo$141.17$141.17$141.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$29.17$29.17$29.17
Total monthly$2,102.02$2,459.23$2,371.35
Cash to close$52,092$15,995$31,990