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$352,135$352,135$359,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$27,770$0
Funding fee$1,761$1,761$0
Note rate6.650%6.650%7.400%
Blended rate6.650%7.032%7.640%
1st payment$2,352.80$2,352.80$2,491.94
2nd payment$0.00$274.81$0.00
Taxes / mo$229.33$229.33$229.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,732.13$3,006.94$2,943.26
Cash to close$47,765$19,995$39,990