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$365,385$365,385$395,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,525$0
Funding fee$1,827$1,827$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.164%7.560%
1st payment$1,854.73$1,854.73$2,719.63
2nd payment$0.00$228.94$0.00
Taxes / mo$96.75$96.75$96.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,101.48$2,330.42$3,045.56
Cash to close$74,515$43,990$43,990