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$375,773$375,773$386,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$31,777$0
Funding fee$1,879$1,879$0
Note rate6.320%6.320%7.320%
Blended rate6.320%6.753%7.560%
1st payment$2,434.84$2,434.84$2,652.24
2nd payment$0.00$314.46$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$15.17$15.17$15.17
Total monthly$2,957.51$3,271.97$3,252.13
Cash to close$53,227$21,450$42,900