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$339,166$339,166$386,100
Remaining term (yrs)27.227.230.0
Secondary amount$0$46,934$0
Funding fee$1,696$1,696$0
Note rate7.500%7.500%7.400%
Blended rate7.500%7.682%7.640%
1st payment$2,435.30$2,435.30$2,673.28
2nd payment$0.00$352.01$0.00
Taxes / mo$440.25$440.25$440.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$169.00$169.00$169.00
Total monthly$3,194.55$3,546.56$3,509.75
Cash to close$89,834$42,900$42,900