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$296,327$296,327$672,749
Remaining term (yrs)26.426.430.0
Secondary amount$0$376,422$0
Funding fee$1,482$1,482$0
Note rate6.330%6.330%7.400%
Blended rate6.330%7.125%7.640%
1st payment$1,924.26$1,924.26$4,657.98
2nd payment$0.00$2,431.06$0.00
Taxes / mo$368.00$368.00$368.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$134.55
HOA / mo$125.00$125.00$125.00
Total monthly$2,633.93$5,064.99$5,502.20
Cash to close$451,172$74,750$74,750