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$386,100
Remaining term (yrs)26.126.130.0
Secondary amount$0$56,274$0
Funding fee$1,649$1,649$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.249%7.560%
1st payment$2,279.99$2,279.99$2,652.24
2nd payment$0.00$422.06$0.00
Taxes / mo$130.92$130.92$130.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$103.00$103.00$103.00
Total monthly$2,663.90$3,085.96$3,113.38
Cash to close$99,174$42,900$42,900