Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$340,482$340,482$431,910
Remaining term (yrs)1.21.230.0
Secondary amount$0$91,428$0
Funding fee$1,702$1,702$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.029%7.560%
1st payment$22,273.13$22,273.13$2,966.92
2nd payment$0.00$685.71$0.00
Taxes / mo$245.50$245.50$245.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$22,685.29$23,371.00$3,465.47
Cash to close$139,418$47,990$47,990