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$334,718$334,718$382,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$47,782$0
Funding fee$1,674$1,674$0
Note rate6.230%6.230%7.320%
Blended rate6.230%6.576%7.560%
1st payment$2,070.59$2,070.59$2,627.51
2nd payment$0.00$358.37$0.00
Taxes / mo$52.42$52.42$52.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,273.00$2,631.37$2,906.43
Cash to close$90,282$42,500$42,500