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$372,870$372,870$386,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$35,535$0
Funding fee$1,864$1,864$0
Note rate5.780%5.780%7.320%
Blended rate5.780%6.310%7.560%
1st payment$2,315.57$2,315.57$2,657.80
2nd payment$0.00$351.65$0.00
Taxes / mo$57.48$57.48$57.48
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$4.17$4.17$4.17
Total monthly$2,527.23$2,878.87$2,946.84
Cash to close$57,030$21,495$42,990