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$387,188$387,188$395,941
Remaining term (yrs)27.527.530.0
Secondary amount$0$30,749$0
Funding fee$1,936$1,936$0
Note rate6.940%6.940%7.400%
Blended rate6.940%7.303%7.640%
1st payment$2,626.40$2,626.40$2,741.41
2nd payment$0.00$304.29$0.00
Taxes / mo$161.42$161.42$161.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.19
HOA / mo$263.00$263.00$263.00
Total monthly$3,200.81$3,505.10$3,395.02
Cash to close$52,746$21,997$43,993