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$382,846$382,846$386,936
Remaining term (yrs)26.426.430.0
Secondary amount$0$25,586$0
Funding fee$1,914$1,914$0
Note rate6.320%6.320%7.320%
Blended rate6.320%6.668%7.560%
1st payment$2,480.67$2,480.67$2,657.98
2nd payment$0.00$253.20$0.00
Taxes / mo$104.08$104.08$104.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.39
HOA / mo$0.00$0.00$0.00
Total monthly$2,734.75$2,987.95$2,989.45
Cash to close$47,083$21,496$42,993