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$329,344$329,344$369,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$39,656$0
Funding fee$1,647$1,647$0
Note rate5.100%5.100%7.320%
Blended rate5.100%5.519%7.560%
1st payment$1,916.61$1,916.61$2,534.77
2nd payment$0.00$297.42$0.00
Taxes / mo$211.00$211.00$211.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$8.00$8.00$8.00
Total monthly$2,285.61$2,583.03$2,977.57
Cash to close$80,656$41,000$41,000