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$375,753$375,753$495,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$119,247$0
Funding fee$1,879$1,879$0
Note rate6.500%6.500%7.400%
Blended rate6.500%6.861%7.640%
1st payment$2,401.86$2,401.86$3,427.28
2nd payment$0.00$794.98$0.00
Taxes / mo$13.42$13.42$13.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,581.94$3,376.92$3,706.36
Cash to close$174,247$55,000$55,000