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$352,367$352,367$369,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$37,133$0
Funding fee$1,762$1,762$0
Note rate7.060%7.060%7.400%
Blended rate7.060%7.519%7.640%
1st payment$2,410.95$2,410.95$2,554.88
2nd payment$0.00$367.47$0.00
Taxes / mo$907.67$907.67$907.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,468.62$3,836.08$3,686.35
Cash to close$57,633$20,500$41,000