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$384,147$384,147$431,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$47,763$0
Funding fee$1,921$1,921$0
Note rate6.420%6.420%7.400%
Blended rate6.420%6.705%7.640%
1st payment$2,510.40$2,510.40$2,990.46
2nd payment$0.00$358.22$0.00
Taxes / mo$389.75$389.75$389.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$159.00$159.00$159.00
Total monthly$3,225.81$3,584.04$3,792.26
Cash to close$95,753$47,990$47,990