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$391,755$391,755$400,410
Remaining term (yrs)28.928.930.0
Secondary amount$0$30,900$0
Funding fee$1,959$1,959$0
Note rate6.720%6.720%7.320%
Blended rate6.720%7.097%7.560%
1st payment$2,560.56$2,560.56$2,750.54
2nd payment$0.00$305.78$0.00
Taxes / mo$173.42$173.42$173.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.08
HOA / mo$93.00$93.00$93.00
Total monthly$2,976.97$3,282.75$3,247.04
Cash to close$53,145$22,245$44,490