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$350,735$350,735$395,999
Remaining term (yrs)28.128.130.0
Secondary amount$0$45,264$0
Funding fee$1,754$1,754$0
Note rate6.790%6.790%7.320%
Blended rate6.790%7.043%7.560%
1st payment$2,328.41$2,328.41$2,720.24
2nd payment$0.00$339.48$0.00
Taxes / mo$204.50$204.50$204.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,682.92$3,022.40$3,153.94
Cash to close$89,264$44,000$44,000