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$395,567$395,567$400,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$27,088$0
Funding fee$1,978$1,978$0
Note rate6.820%6.820%7.320%
Blended rate6.820%7.144%7.560%
1st payment$2,652.23$2,652.23$2,750.54
2nd payment$0.00$268.06$0.00
Taxes / mo$289.58$289.58$289.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$33.00$33.00$33.00
Total monthly$3,124.81$3,392.87$3,303.20
Cash to close$49,333$22,245$44,490