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$351,131$351,131$382,410
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,279$0
Funding fee$1,756$1,756$0
Note rate6.260%6.260%7.320%
Blended rate6.260%6.484%7.560%
1st payment$2,259.14$2,259.14$2,626.89
2nd payment$0.00$234.60$0.00
Taxes / mo$176.67$176.67$176.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$185.00$185.00$185.00
Total monthly$2,770.81$3,005.40$3,215.04
Cash to close$73,769$42,490$42,490