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$327,131$327,131$414,000
Remaining term (yrs)29.629.630.0
Secondary amount$0$86,869$0
Funding fee$1,636$1,636$0
Note rate6.360%6.360%7.320%
Blended rate6.360%6.914%7.560%
1st payment$2,043.39$2,043.39$2,843.89
2nd payment$0.00$651.52$0.00
Taxes / mo$107.67$107.67$107.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,317.72$2,969.24$3,201.03
Cash to close$132,869$46,000$46,000