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$377,781$377,781$386,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$30,718$0
Funding fee$1,889$1,889$0
Note rate5.110%5.110%7.320%
Blended rate5.110%5.619%7.560%
1st payment$2,200.72$2,200.72$2,658.42
2nd payment$0.00$303.98$0.00
Taxes / mo$231.58$231.58$231.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$22.92$22.92$22.92
Total monthly$2,605.22$2,909.20$3,140.32
Cash to close$52,218$21,500$43,000