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$367,282$367,282$503,100
Remaining term (yrs)28.228.230.0
Secondary amount$0$135,818$0
Funding fee$1,836$1,836$0
Note rate6.080%6.080%7.400%
Blended rate6.080%6.598%7.640%
1st payment$2,267.64$2,267.64$3,483.36
2nd payment$0.00$905.45$0.00
Taxes / mo$91.33$91.33$91.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,525.64$3,431.09$3,841.98
Cash to close$191,718$55,900$55,900