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$327,507$327,507$337,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$28,743$0
Funding fee$1,638$1,638$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.934%7.640%
1st payment$2,103.84$2,103.84$2,336.78
2nd payment$0.00$284.44$0.00
Taxes / mo$68.67$68.67$68.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,322.51$2,606.94$2,622.95
Cash to close$47,493$18,750$37,500