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$341,105$341,105$440,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$99,805$0
Funding fee$1,706$1,706$0
Note rate6.880%6.880%7.400%
Blended rate6.880%7.360%7.640%
1st payment$2,300.42$2,300.42$3,052.77
2nd payment$0.00$748.53$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$100.00$100.00$100.00
Total monthly$2,786.92$3,535.45$3,627.45
Cash to close$148,795$48,990$48,990