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$291,272$291,272$311,310
Remaining term (yrs)29.329.330.0
Secondary amount$0$37,333$0
Funding fee$1,456$1,456$0
Note rate6.170%6.170%7.400%
Blended rate6.170%6.818%7.640%
1st payment$1,790.55$1,790.55$2,155.45
2nd payment$0.00$369.44$0.00
Taxes / mo$53.92$53.92$53.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,994.47$2,363.91$2,421.63
Cash to close$54,628$17,295$34,590