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$327,235$327,235$449,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$121,865$0
Funding fee$1,636$1,636$0
Note rate6.720%6.720%7.400%
Blended rate6.720%7.067%7.640%
1st payment$2,153.20$2,153.20$3,109.48
2nd payment$0.00$812.43$0.00
Taxes / mo$167.08$167.08$167.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,486.95$3,299.38$3,533.05
Cash to close$171,765$49,900$49,900