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$335,576$335,576$382,410
Remaining term (yrs)26.326.330.0
Secondary amount$0$46,834$0
Funding fee$1,678$1,678$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.806%7.640%
1st payment$2,217.86$2,217.86$2,647.73
2nd payment$0.00$351.25$0.00
Taxes / mo$321.92$321.92$321.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$235.00$235.00$235.00
Total monthly$2,924.77$3,276.03$3,431.13
Cash to close$89,324$42,490$42,490