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$303,127$303,127$314,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$29,278$0
Funding fee$1,516$1,516$0
Note rate6.580%6.580%7.320%
Blended rate6.580%7.046%7.560%
1st payment$2,021.19$2,021.19$2,163.21
2nd payment$0.00$289.73$0.00
Taxes / mo$141.92$141.92$141.92
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$2,313.11$2,602.83$2,518.11
Cash to close$46,773$17,495$34,990