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$397,989$397,989$404,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,561$0
Funding fee$1,990$1,990$0
Note rate6.730%6.730%7.320%
Blended rate6.730%7.074%7.560%
1st payment$2,634.39$2,634.39$2,775.89
2nd payment$0.00$282.63$0.00
Taxes / mo$62.50$62.50$62.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,846.89$3,129.52$3,069.21
Cash to close$51,011$22,450$44,900