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$330,075$330,075$985,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$655,425$0
Funding fee$1,650$1,650$0
Note rate5.810%5.810%7.400%
Blended rate5.810%7.100%7.640%
1st payment$2,055.87$2,055.87$6,823.40
2nd payment$0.00$4,232.95$0.00
Taxes / mo$464.42$464.42$464.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$197.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,736.95$6,969.90$7,701.59
Cash to close$764,925$109,500$109,500