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$373,883$373,883$413,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$40,027$0
Funding fee$1,869$1,869$0
Note rate6.540%6.540%7.400%
Blended rate6.540%6.778%7.640%
1st payment$2,468.99$2,468.99$2,865.83
2nd payment$0.00$300.20$0.00
Taxes / mo$446.67$446.67$446.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,082.32$3,382.52$3,561.94
Cash to close$86,017$45,990$45,990