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$335,552$335,552$414,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$78,448$0
Funding fee$1,678$1,678$0
Note rate7.290%7.290%7.320%
Blended rate7.290%7.614%7.560%
1st payment$2,362.53$2,362.53$2,843.89
2nd payment$0.00$588.36$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$0.00$0.00$0.00
Total monthly$2,912.53$3,500.90$3,476.69
Cash to close$124,448$46,000$46,000