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$328,452$328,452$355,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$27,048$0
Funding fee$1,642$1,642$0
Note rate7.180%7.180%7.400%
Blended rate7.180%7.318%7.640%
1st payment$2,295.52$2,295.52$2,461.41
2nd payment$0.00$202.86$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$29.17$29.17$29.17
Total monthly$2,803.85$3,006.71$3,040.85
Cash to close$66,548$39,500$39,500