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$341,580$341,580$382,410
Remaining term (yrs)26.426.430.0
Secondary amount$0$40,830$0
Funding fee$1,708$1,708$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.427%7.640%
1st payment$2,173.12$2,173.12$2,647.73
2nd payment$0.00$306.22$0.00
Taxes / mo$565.75$565.75$565.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$38.33$38.33$38.33
Total monthly$2,927.20$3,233.42$3,478.29
Cash to close$83,320$42,490$42,490