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$317,942$317,942$377,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$59,968$0
Funding fee$1,590$1,590$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.897%7.560%
1st payment$2,022.62$2,022.62$2,595.98
2nd payment$0.00$449.76$0.00
Taxes / mo$214.75$214.75$214.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,387.37$2,837.13$3,036.31
Cash to close$101,958$41,990$41,990