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$371,202$371,202$459,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$87,798$0
Funding fee$1,856$1,856$0
Note rate3.750%3.750%7.400%
Blended rate3.750%4.754%7.640%
1st payment$2,009.27$2,009.27$3,178.02
2nd payment$0.00$658.48$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$210.00$210.00$210.00
Total monthly$2,810.94$3,469.42$4,071.49
Cash to close$138,798$51,000$51,000