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$317,111$317,111$350,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$33,799$0
Funding fee$1,586$1,586$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.605%7.560%
1st payment$2,053.38$2,053.38$2,410.51
2nd payment$0.00$253.50$0.00
Taxes / mo$71.00$71.00$71.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,274.38$2,527.87$2,701.69
Cash to close$72,789$38,990$38,990