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$375,967$375,967$421,200
Remaining term (yrs)28.928.930.0
Secondary amount$0$45,233$0
Funding fee$1,880$1,880$0
Note rate6.300%6.300%7.400%
Blended rate6.300%6.590%7.640%
1st payment$2,352.10$2,352.10$2,916.30
2nd payment$0.00$339.25$0.00
Taxes / mo$235.42$235.42$235.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.24
HOA / mo$132.00$132.00$132.00
Total monthly$2,886.18$3,225.43$3,534.63
Cash to close$92,033$46,800$46,800