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$276,036$276,036$314,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$38,874$0
Funding fee$1,380$1,380$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.800%7.560%
1st payment$1,824.78$1,824.78$2,163.21
2nd payment$0.00$291.56$0.00
Taxes / mo$118.42$118.42$118.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,093.19$2,384.75$2,494.61
Cash to close$73,864$34,990$34,990