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$314,478$314,478$328,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$32,272$0
Funding fee$1,572$1,572$0
Note rate5.410%5.410%7.320%
Blended rate5.410%6.012%7.560%
1st payment$1,876.97$1,876.97$2,256.57
2nd payment$0.00$319.36$0.00
Taxes / mo$216.08$216.08$216.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,243.05$2,562.41$2,688.35
Cash to close$50,522$18,250$36,500