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$319,162$319,162$359,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$40,748$0
Funding fee$1,596$1,596$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.058%7.640%
1st payment$2,153.55$2,153.55$2,491.94
2nd payment$0.00$305.61$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,636.80$2,942.41$3,047.18
Cash to close$80,738$39,990$39,990