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$401,192$401,192$422,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$45,213$0
Funding fee$2,006$2,006$0
Note rate6.390%6.390%7.400%
Blended rate6.390%6.946%7.640%
1st payment$2,614.16$2,614.16$2,928.14
2nd payment$0.00$447.42$0.00
Taxes / mo$340.08$340.08$340.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$91.67$91.67$91.67
Total monthly$3,212.58$3,660.00$3,611.15
Cash to close$68,708$23,495$46,990