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$315,682$315,682$359,910
Remaining term (yrs)27.127.130.0
Secondary amount$0$44,228$0
Funding fee$1,578$1,578$0
Note rate7.790%7.790%7.320%
Blended rate7.790%7.939%7.560%
1st payment$2,330.14$2,330.14$2,472.33
2nd payment$0.00$331.71$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$63.33$63.33$63.33
Total monthly$2,876.72$3,208.43$3,090.89
Cash to close$84,218$39,990$39,990