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$376,254$376,254$449,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$73,656$0
Funding fee$1,881$1,881$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.906%7.640%
1st payment$2,224.16$2,224.16$3,115.09
2nd payment$0.00$552.42$0.00
Taxes / mo$512.40$512.40$512.40
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,903.23$3,455.65$3,884.13
Cash to close$123,646$49,990$49,990