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$368,052$368,052$378,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$30,948$0
Funding fee$1,840$1,840$0
Note rate6.080%6.080%7.400%
Blended rate6.080%6.529%7.640%
1st payment$2,280.00$2,280.00$2,617.20
2nd payment$0.00$306.25$0.00
Taxes / mo$131.50$131.50$131.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,561.50$2,867.76$2,974.30
Cash to close$51,948$21,000$42,000