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$346,594$346,594$373,410
Remaining term (yrs)29.029.030.0
Secondary amount$0$26,816$0
Funding fee$1,733$1,733$0
Note rate6.240%6.240%7.320%
Blended rate6.240%6.438%7.560%
1st payment$2,152.73$2,152.73$2,565.07
2nd payment$0.00$201.12$0.00
Taxes / mo$300.51$300.51$300.51
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$80.00$80.00$80.00
Total monthly$2,683.24$2,884.37$3,170.26
Cash to close$68,306$41,490$41,490