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$377,425$377,425$476,799
Remaining term (yrs)25.425.430.0
Secondary amount$0$99,374$0
Funding fee$1,887$1,887$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.852%7.640%
1st payment$1,919.58$1,919.58$3,301.26
2nd payment$0.00$745.30$0.00
Taxes / mo$914.58$914.58$914.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.36
HOA / mo$0.00$0.00$0.00
Total monthly$3,000.83$3,746.13$4,477.87
Cash to close$152,352$52,978$52,978