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$261,249$261,249$449,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$187,851$0
Funding fee$1,306$1,306$0
Note rate6.930%6.930%7.400%
Blended rate6.930%7.378%7.640%
1st payment$1,734.60$1,734.60$3,109.48
2nd payment$0.00$1,252.34$0.00
Taxes / mo$17.92$17.92$17.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,919.19$3,171.53$3,383.88
Cash to close$237,751$49,900$49,900