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$376,197$376,197$764,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$387,903$0
Funding fee$1,881$1,881$0
Note rate5.410%5.410%7.320%
Blended rate5.410%6.598%7.560%
1st payment$2,248.62$2,248.62$5,248.84
2nd payment$0.00$2,505.21$0.00
Taxes / mo$284.08$284.08$284.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$63.33$63.33$63.33
Total monthly$2,812.70$5,317.91$5,965.74
Cash to close$472,803$84,900$84,900