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$353,028$353,028$377,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$45,877$0
Funding fee$1,765$1,765$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.543%7.640%
1st payment$1,976.06$1,976.06$2,616.57
2nd payment$0.00$453.99$0.00
Taxes / mo$349.92$349.92$349.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.58
HOA / mo$37.00$37.00$37.00
Total monthly$2,512.98$2,966.96$3,229.07
Cash to close$66,872$20,995$41,990