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$342,990$342,990$350,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$26,560$0
Funding fee$1,715$1,715$0
Note rate6.120%6.120%7.320%
Blended rate6.120%6.534%7.560%
1st payment$2,179.35$2,179.35$2,404.94
2nd payment$0.00$262.83$0.00
Taxes / mo$464.75$464.75$464.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$257.00$257.00$257.00
Total monthly$3,051.10$3,313.93$3,346.71
Cash to close$46,010$19,450$38,900