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$374,781$374,781$405,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,219$0
Funding fee$1,874$1,874$0
Note rate3.560%3.560%7.400%
Blended rate3.560%3.966%7.640%
1st payment$1,865.37$1,865.37$2,804.14
2nd payment$0.00$226.64$0.00
Taxes / mo$388.58$388.58$388.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$45.00$45.00$45.00
Total monthly$2,448.96$2,675.60$3,468.72
Cash to close$75,219$45,000$45,000