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$370,653$370,653$414,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$43,347$0
Funding fee$1,853$1,853$0
Note rate4.740%4.740%7.320%
Blended rate4.740%5.186%7.560%
1st payment$1,943.62$1,943.62$2,843.89
2nd payment$0.00$325.10$0.00
Taxes / mo$134.00$134.00$134.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$20.00$20.00$20.00
Total monthly$2,264.28$2,589.38$3,247.36
Cash to close$89,347$46,000$46,000