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$396,027$396,027$403,560
Remaining term (yrs)26.126.130.0
Secondary amount$0$29,953$0
Funding fee$1,980$1,980$0
Note rate6.110%6.110%7.320%
Blended rate6.110%6.515%7.560%
1st payment$2,526.66$2,526.66$2,772.18
2nd payment$0.00$296.41$0.00
Taxes / mo$22.94$22.94$22.94
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.71
HOA / mo$0.00$0.00$0.00
Total monthly$2,699.60$2,996.01$3,025.83
Cash to close$52,373$22,420$44,840