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$322,418$322,418$332,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$28,132$0
Funding fee$1,612$1,612$0
Note rate6.630%6.630%7.320%
Blended rate6.630%7.051%7.560%
1st payment$2,126.52$2,126.52$2,281.30
2nd payment$0.00$278.39$0.00
Taxes / mo$535.67$535.67$535.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,812.19$3,090.58$3,033.38
Cash to close$46,582$18,450$36,900