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$317,081$317,081$652,410
Remaining term (yrs)27.027.030.0
Secondary amount$0$335,329$0
Funding fee$1,585$1,585$0
Note rate7.070%7.070%7.320%
Blended rate7.070%7.420%7.560%
1st payment$2,190.93$2,190.93$4,481.60
2nd payment$0.00$2,165.67$0.00
Taxes / mo$604.08$604.08$604.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.48
HOA / mo$262.00$262.00$262.00
Total monthly$3,273.68$5,439.35$5,694.84
Cash to close$407,819$72,490$72,490