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$364,010$364,010$396,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$31,990$0
Funding fee$1,820$1,820$0
Note rate5.000%5.000%7.320%
Blended rate5.000%5.323%7.560%
1st payment$2,093.60$2,093.60$2,720.25
2nd payment$0.00$239.92$0.00
Taxes / mo$119.17$119.17$119.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,362.77$2,602.69$3,068.61
Cash to close$75,990$44,000$44,000