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$361,909$361,909$430,200
Remaining term (yrs)28.928.930.0
Secondary amount$0$68,291$0
Funding fee$1,810$1,810$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.897%7.640%
1st payment$2,313.37$2,313.37$2,978.62
2nd payment$0.00$512.18$0.00
Taxes / mo$446.75$446.75$446.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.04
HOA / mo$0.00$0.00$0.00
Total monthly$2,926.79$3,438.97$3,678.07
Cash to close$116,091$47,800$47,800