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$323,785$323,785$359,910
Remaining term (yrs)29.529.530.0
Secondary amount$0$36,125$0
Funding fee$1,619$1,619$0
Note rate6.370%6.370%7.320%
Blended rate6.370%6.634%7.560%
1st payment$2,026.51$2,026.51$2,472.33
2nd payment$0.00$270.94$0.00
Taxes / mo$48.58$48.58$48.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,225.10$2,496.03$2,742.90
Cash to close$76,115$39,990$39,990