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$358,259$358,259$413,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$55,651$0
Funding fee$1,791$1,791$0
Note rate5.250%5.250%7.320%
Blended rate5.250%5.754%7.560%
1st payment$2,116.71$2,116.71$2,843.27
2nd payment$0.00$417.38$0.00
Taxes / mo$129.43$129.43$129.43
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$33.33$33.33$33.33
Total monthly$2,446.13$2,863.52$3,255.48
Cash to close$101,641$45,990$45,990