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$327,358$327,358$342,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$33,642$0
Funding fee$1,637$1,637$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.792%7.560%
1st payment$2,110.82$2,110.82$2,349.30
2nd payment$0.00$332.91$0.00
Taxes / mo$270.00$270.00$270.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.40
HOA / mo$52.00$52.00$52.00
Total monthly$2,582.82$2,915.73$2,889.70
Cash to close$52,642$19,000$38,000