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$382,218$382,218$431,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$48,882$0
Funding fee$1,911$1,911$0
Note rate4.980%4.980%7.320%
Blended rate4.980%5.436%7.560%
1st payment$2,197.33$2,197.33$2,961.36
2nd payment$0.00$366.61$0.00
Taxes / mo$1,005.26$1,005.26$1,005.26
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,369.26$3,735.88$4,219.51
Cash to close$96,782$47,900$47,900