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$380,188$380,188$448,200
Remaining term (yrs)28.428.430.0
Secondary amount$0$68,012$0
Funding fee$1,901$1,901$0
Note rate4.000%4.000%7.400%
Blended rate4.000%4.759%7.640%
1st payment$1,861.92$1,861.92$3,103.25
2nd payment$0.00$510.09$0.00
Taxes / mo$223.77$223.77$223.77
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,252.35$2,762.44$3,583.32
Cash to close$117,812$49,800$49,800