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$336,031$336,031$494,999
Remaining term (yrs)26.626.630.0
Secondary amount$0$158,968$0
Funding fee$1,680$1,680$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.907%7.640%
1st payment$2,186.98$2,186.98$3,427.27
2nd payment$0.00$1,059.79$0.00
Taxes / mo$96.08$96.08$96.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,449.73$3,509.52$3,789.02
Cash to close$213,968$55,000$55,000