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$337,050$337,050$665,730
Remaining term (yrs)25.925.930.0
Secondary amount$0$328,680$0
Funding fee$1,685$1,685$0
Note rate5.510%5.510%7.400%
Blended rate5.510%6.616%7.640%
1st payment$2,034.93$2,034.93$4,609.38
2nd payment$0.00$2,122.72$0.00
Taxes / mo$335.25$335.25$335.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.15
HOA / mo$90.00$90.00$90.00
Total monthly$2,676.85$4,799.57$5,384.44
Cash to close$402,650$73,970$73,970