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$362,973$362,973$423,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$60,027$0
Funding fee$1,815$1,815$0
Note rate6.790%6.790%7.400%
Blended rate6.790%7.104%7.640%
1st payment$2,409.66$2,409.66$2,928.77
2nd payment$0.00$450.20$0.00
Taxes / mo$148.17$148.17$148.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$50.00$50.00$50.00
Total monthly$2,774.49$3,224.69$3,378.20
Cash to close$107,027$47,000$47,000