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$327,952$327,952$346,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$37,798$0
Funding fee$1,640$1,640$0
Note rate5.090%5.090%7.320%
Blended rate5.090%5.791%7.560%
1st payment$1,903.60$1,903.60$2,380.21
2nd payment$0.00$374.04$0.00
Taxes / mo$168.00$168.00$168.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,221.60$2,595.64$2,767.51
Cash to close$57,048$19,250$38,500