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$295,424$295,424$322,110
Remaining term (yrs)26.526.530.0
Secondary amount$0$26,686$0
Funding fee$1,477$1,477$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.634%7.640%
1st payment$1,930.59$1,930.59$2,230.22
2nd payment$0.00$200.14$0.00
Taxes / mo$117.25$117.25$117.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.42
HOA / mo$10.83$10.83$10.83
Total monthly$2,208.67$2,408.82$2,572.73
Cash to close$62,476$35,790$35,790