Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$377,300$377,300$386,910
Remaining term (yrs)13.013.030.0
Secondary amount$0$31,105$0
Funding fee$1,887$1,887$0
Note rate6.000%6.000%7.320%
Blended rate6.000%6.447%7.560%
1st payment$3,459.81$3,459.81$2,657.80
2nd payment$0.00$307.81$0.00
Taxes / mo$246.67$246.67$246.67
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$3,856.48$4,164.29$3,131.85
Cash to close$52,600$21,495$42,990