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$327,192$327,192$337,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$29,058$0
Funding fee$1,636$1,636$0
Note rate6.610%6.610%7.400%
Blended rate6.610%7.039%7.640%
1st payment$2,156.10$2,156.10$2,336.78
2nd payment$0.00$287.55$0.00
Taxes / mo$580.25$580.25$580.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$251.00$251.00$251.00
Total monthly$3,137.35$3,424.90$3,385.53
Cash to close$47,808$18,750$37,500