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$342,092$342,092$355,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$33,158$0
Funding fee$1,710$1,710$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.756%7.560%
1st payment$2,203.67$2,203.67$2,442.04
2nd payment$0.00$328.13$0.00
Taxes / mo$329.17$329.17$329.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$315.00$315.00$315.00
Total monthly$2,997.84$3,325.97$3,307.31
Cash to close$52,908$19,750$39,500