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$389,724$389,724$404,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$37,681$0
Funding fee$1,949$1,949$0
Note rate6.120%6.120%7.320%
Blended rate6.120%6.627%7.560%
1st payment$2,418.76$2,418.76$2,781.45
2nd payment$0.00$372.88$0.00
Taxes / mo$76.67$76.67$76.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,645.43$3,018.31$3,089.10
Cash to close$60,176$22,495$44,990