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$377,926$377,926$386,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$30,479$0
Funding fee$1,890$1,890$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.197%7.640%
1st payment$2,531.37$2,531.37$2,678.89
2nd payment$0.00$301.61$0.00
Taxes / mo$108.50$108.50$108.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,789.87$3,091.49$3,014.77
Cash to close$51,974$21,495$42,990