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$379,232$379,232$517,499
Remaining term (yrs)27.327.330.0
Secondary amount$0$138,267$0
Funding fee$1,896$1,896$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.289%7.560%
1st payment$2,602.54$2,602.54$3,554.86
2nd payment$0.00$921.78$0.00
Taxes / mo$826.58$826.58$826.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$67.00$67.00$67.00
Total monthly$3,662.79$4,584.58$4,718.61
Cash to close$195,767$57,500$57,500