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$355,617$355,617$395,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$40,293$0
Funding fee$1,778$1,778$0
Note rate5.230%5.230%7.400%
Blended rate5.230%5.614%7.640%
1st payment$2,093.67$2,093.67$2,741.20
2nd payment$0.00$302.19$0.00
Taxes / mo$366.58$366.58$366.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$269.00$269.00$269.00
Total monthly$2,879.25$3,181.45$3,605.97
Cash to close$84,283$43,990$43,990