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$322,660$322,660$414,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$91,340$0
Funding fee$1,613$1,613$0
Note rate6.460%6.460%7.320%
Blended rate6.460%7.020%7.560%
1st payment$2,077.15$2,077.15$2,843.89
2nd payment$0.00$685.05$0.00
Taxes / mo$383.33$383.33$383.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$75.00$75.00$75.00
Total monthly$2,702.15$3,387.20$3,551.69
Cash to close$137,340$46,000$46,000