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$334,330$334,330$359,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$44,720$0
Funding fee$1,672$1,672$0
Note rate5.540%5.540%7.400%
Blended rate5.540%6.287%7.640%
1st payment$2,024.57$2,024.57$2,486.34
2nd payment$0.00$442.54$0.00
Taxes / mo$302.67$302.67$302.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$50.00$50.00$50.00
Total monthly$2,527.24$2,969.77$3,060.82
Cash to close$64,670$19,950$39,900