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$371,187$371,187$382,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$32,563$0
Funding fee$1,856$1,856$0
Note rate4.160%4.160%7.400%
Blended rate4.160%4.782%7.640%
1st payment$1,959.26$1,959.26$2,648.35
2nd payment$0.00$322.24$0.00
Taxes / mo$131.42$131.42$131.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,240.68$2,562.92$3,006.27
Cash to close$53,813$21,250$42,500