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$321,937$321,937$764,999
Remaining term (yrs)27.527.530.0
Secondary amount$0$443,062$0
Funding fee$1,610$1,610$0
Note rate7.090%7.090%7.400%
Blended rate7.090%7.472%7.640%
1st payment$2,215.50$2,215.50$5,296.70
2nd payment$0.00$2,861.44$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$153.00
HOA / mo$215.00$215.00$215.00
Total monthly$3,355.50$6,216.94$6,589.70
Cash to close$528,062$85,000$85,000