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$330,885$330,885$364,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$33,615$0
Funding fee$1,654$1,654$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.513%7.640%
1st payment$2,059.44$2,059.44$2,523.72
2nd payment$0.00$252.11$0.00
Taxes / mo$192.25$192.25$192.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,401.69$2,653.80$2,938.87
Cash to close$74,115$40,500$40,500