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$261,948$261,948$306,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$44,052$0
Funding fee$1,310$1,310$0
Note rate6.610%6.610%7.400%
Blended rate6.610%6.954%7.640%
1st payment$1,726.16$1,726.16$2,118.68
2nd payment$0.00$330.39$0.00
Taxes / mo$45.50$45.50$45.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,921.66$2,252.05$2,375.38
Cash to close$78,052$34,000$34,000