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$344,217$344,217$612,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$267,783$0
Funding fee$1,721$1,721$0
Note rate7.090%7.090%7.400%
Blended rate7.090%7.379%7.640%
1st payment$2,366.54$2,366.54$4,237.36
2nd payment$0.00$1,729.43$0.00
Taxes / mo$151.00$151.00$151.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$4.17$4.17$4.17
Total monthly$2,688.37$4,417.80$4,681.60
Cash to close$335,783$68,000$68,000