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$341,066$341,066$395,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$54,844$0
Funding fee$1,705$1,705$0
Note rate6.630%6.630%7.400%
Blended rate6.630%6.958%7.640%
1st payment$2,207.01$2,207.01$2,741.20
2nd payment$0.00$411.33$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,497.93$2,909.26$3,111.30
Cash to close$98,834$43,990$43,990