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$335,809$335,809$355,410
Remaining term (yrs)28.428.430.0
Secondary amount$0$39,346$0
Funding fee$1,679$1,679$0
Note rate6.950%6.950%7.400%
Blended rate6.950%7.467%7.640%
1st payment$2,258.24$2,258.24$2,460.79
2nd payment$0.00$389.37$0.00
Taxes / mo$329.08$329.08$329.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.08
HOA / mo$0.00$0.00$0.00
Total monthly$2,737.32$3,126.68$3,010.95
Cash to close$59,091$19,745$39,490