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$325,446$325,446$386,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$60,654$0
Funding fee$1,627$1,627$0
Note rate7.060%7.060%7.400%
Blended rate7.060%7.365%7.640%
1st payment$2,228.89$2,228.89$2,673.28
2nd payment$0.00$454.91$0.00
Taxes / mo$155.42$155.42$155.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$520.00$520.00$520.00
Total monthly$3,054.31$3,509.22$3,575.92
Cash to close$103,554$42,900$42,900