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$388,228$388,228$402,975
Remaining term (yrs)29.429.430.0
Secondary amount$0$37,135$0
Funding fee$1,941$1,941$0
Note rate6.090%6.090%7.400%
Blended rate6.090%6.595%7.640%
1st payment$2,364.19$2,364.19$2,790.12
2nd payment$0.00$367.48$0.00
Taxes / mo$214.58$214.58$214.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.60
HOA / mo$339.67$339.67$339.67
Total monthly$3,068.44$3,435.92$3,574.97
Cash to close$59,522$22,388$44,775