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$373,272$373,272$494,910
Remaining term (yrs)28.328.330.0
Secondary amount$0$121,638$0
Funding fee$1,866$1,866$0
Note rate6.600%6.600%7.400%
Blended rate6.600%6.944%7.640%
1st payment$2,426.90$2,426.90$3,426.66
2nd payment$0.00$810.92$0.00
Taxes / mo$201.25$201.25$201.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,794.82$3,605.74$3,893.56
Cash to close$176,628$54,990$54,990