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$352,868$352,868$359,999
Remaining term (yrs)26.726.730.0
Secondary amount$0$27,131$0
Funding fee$1,764$1,764$0
Note rate6.430%6.430%7.400%
Blended rate6.430%6.819%7.640%
1st payment$2,302.82$2,302.82$2,492.56
2nd payment$0.00$268.49$0.00
Taxes / mo$55.33$55.33$55.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,508.15$2,776.64$2,769.89
Cash to close$47,131$20,000$40,000