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$387,355$387,355$448,110
Remaining term (yrs)26.426.430.0
Secondary amount$0$60,755$0
Funding fee$1,937$1,937$0
Note rate6.360%6.360%7.400%
Blended rate6.360%6.718%7.640%
1st payment$2,522.70$2,522.70$3,102.62
2nd payment$0.00$455.66$0.00
Taxes / mo$312.17$312.17$312.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.62
HOA / mo$25.00$25.00$25.00
Total monthly$3,026.53$3,482.20$3,696.08
Cash to close$110,545$49,790$49,790