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$399,566$399,566$404,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,839$0
Funding fee$1,998$1,998$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.710%7.640%
1st payment$2,546.73$2,546.73$2,803.52
2nd payment$0.00$275.49$0.00
Taxes / mo$96.92$96.92$96.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$41.00$41.00$41.00
Total monthly$2,834.65$3,110.13$3,172.41
Cash to close$50,334$22,495$44,990