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$388,565$388,565$395,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$29,340$0
Funding fee$1,943$1,943$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.370%7.640%
1st payment$2,669.27$2,669.27$2,741.20
2nd payment$0.00$290.34$0.00
Taxes / mo$410.50$410.50$410.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$257.00$257.00$257.00
Total monthly$3,486.77$3,777.12$3,637.88
Cash to close$51,335$21,995$43,990