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$315,867$315,867$364,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$48,633$0
Funding fee$1,579$1,579$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.102%7.640%
1st payment$2,133.61$2,133.61$2,523.72
2nd payment$0.00$364.75$0.00
Taxes / mo$447.09$447.09$447.09
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,730.70$3,095.44$3,193.71
Cash to close$89,133$40,500$40,500