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$336,805$336,805$405,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$68,195$0
Funding fee$1,684$1,684$0
Note rate6.150%6.150%7.400%
Blended rate6.150%6.630%7.640%
1st payment$2,149.05$2,149.05$2,804.14
2nd payment$0.00$511.46$0.00
Taxes / mo$32.75$32.75$32.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$31.67$31.67$31.67
Total monthly$2,363.47$2,874.93$3,099.56
Cash to close$113,195$45,000$45,000