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$343,665$343,665$441,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$97,335$0
Funding fee$1,718$1,718$0
Note rate6.760%6.760%7.320%
Blended rate6.760%7.254%7.560%
1st payment$2,265.93$2,265.93$3,029.36
2nd payment$0.00$730.01$0.00
Taxes / mo$562.25$562.25$562.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,994.84$3,724.85$3,846.48
Cash to close$146,335$49,000$49,000