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$321,399$321,399$373,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$52,101$0
Funding fee$1,607$1,607$0
Note rate6.440%6.440%7.400%
Blended rate6.440%6.797%7.640%
1st payment$2,060.57$2,060.57$2,586.04
2nd payment$0.00$390.76$0.00
Taxes / mo$198.08$198.08$198.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,408.65$2,799.41$3,008.82
Cash to close$93,601$41,500$41,500