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$395,221$395,221$449,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$54,689$0
Funding fee$1,976$1,976$0
Note rate6.130%6.130%7.320%
Blended rate6.130%6.479%7.560%
1st payment$2,516.85$2,516.85$3,090.57
2nd payment$0.00$410.16$0.00
Taxes / mo$245.75$245.75$245.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,929.26$3,339.43$3,592.97
Cash to close$104,679$49,990$49,990