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$392,859$392,859$439,200
Remaining term (yrs)28.428.430.0
Secondary amount$0$46,341$0
Funding fee$1,964$1,964$0
Note rate7.040%7.040%7.400%
Blended rate7.040%7.247%7.640%
1st payment$2,665.28$2,665.28$3,040.93
2nd payment$0.00$347.56$0.00
Taxes / mo$164.33$164.33$164.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.84
HOA / mo$0.00$0.00$0.00
Total monthly$2,996.28$3,343.84$3,459.77
Cash to close$95,141$48,800$48,800