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$331,641$331,641$359,910
Remaining term (yrs)29.629.630.0
Secondary amount$0$28,269$0
Funding fee$1,658$1,658$0
Note rate6.370%6.370%7.400%
Blended rate6.370%6.577%7.640%
1st payment$2,073.72$2,073.72$2,491.94
2nd payment$0.00$212.02$0.00
Taxes / mo$181.33$181.33$181.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,405.06$2,617.07$2,895.26
Cash to close$68,259$39,990$39,990