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$329,826$329,826$396,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$66,174$0
Funding fee$1,649$1,649$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.293%7.560%
1st payment$2,279.99$2,279.99$2,720.25
2nd payment$0.00$496.31$0.00
Taxes / mo$130.92$130.92$130.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,560.90$3,057.21$3,080.36
Cash to close$110,174$44,000$44,000