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$357,123$357,123$413,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$56,787$0
Funding fee$1,786$1,786$0
Note rate4.980%4.980%7.320%
Blended rate4.980%5.532%7.560%
1st payment$2,053.06$2,053.06$2,843.27
2nd payment$0.00$425.90$0.00
Taxes / mo$129.42$129.42$129.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,349.15$2,775.05$3,222.14
Cash to close$102,777$45,990$45,990