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$350,724$350,724$359,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$29,181$0
Funding fee$1,754$1,754$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.904%7.560%
1st payment$2,266.98$2,266.98$2,472.33
2nd payment$0.00$288.77$0.00
Taxes / mo$64.33$64.33$64.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,481.31$2,770.08$2,758.65
Cash to close$49,176$19,995$39,990