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$383,171$383,171$468,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$84,829$0
Funding fee$1,916$1,916$0
Note rate3.920%3.920%7.320%
Blended rate3.920%4.841%7.560%
1st payment$1,978.73$1,978.73$3,214.84
2nd payment$0.00$636.22$0.00
Taxes / mo$423.00$423.00$423.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,568.40$3,204.61$3,898.10
Cash to close$136,829$52,000$52,000