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$369,208$369,208$378,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$29,792$0
Funding fee$1,846$1,846$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.689%7.640%
1st payment$2,374.90$2,374.90$2,617.20
2nd payment$0.00$294.82$0.00
Taxes / mo$350.00$350.00$350.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,874.90$3,169.72$3,192.80
Cash to close$50,792$21,000$42,000