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$380,410$380,410$476,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$95,690$0
Funding fee$1,902$1,902$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.005%7.640%
1st payment$2,052.60$2,052.60$3,296.42
2nd payment$0.00$717.68$0.00
Taxes / mo$378.08$378.08$378.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$25.00$25.00$25.00
Total monthly$2,622.35$3,340.02$3,961.39
Cash to close$148,590$52,900$52,900