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$340,723$340,723$449,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$108,377$0
Funding fee$1,704$1,704$0
Note rate7.620%7.620%7.400%
Blended rate7.620%7.712%7.640%
1st payment$2,476.07$2,476.07$3,109.48
2nd payment$0.00$722.51$0.00
Taxes / mo$210.89$210.89$210.89
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,853.63$3,576.14$3,576.85
Cash to close$158,277$49,900$49,900