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$331,466$331,466$341,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$29,439$0
Funding fee$1,657$1,657$0
Note rate6.610%6.610%7.400%
Blended rate6.610%7.039%7.640%
1st payment$2,184.27$2,184.27$2,367.32
2nd payment$0.00$291.32$0.00
Taxes / mo$152.50$152.50$152.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,486.77$2,778.09$2,738.20
Cash to close$48,434$18,995$37,990