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$374,977$374,977$386,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$33,428$0
Funding fee$1,875$1,875$0
Note rate6.960%6.960%7.320%
Blended rate6.960%7.362%7.560%
1st payment$2,572.09$2,572.09$2,657.80
2nd payment$0.00$330.80$0.00
Taxes / mo$109.42$109.42$109.42
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$2,831.50$3,162.30$2,994.60
Cash to close$54,923$21,495$42,990