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$302,870$302,870$378,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$75,130$0
Funding fee$1,514$1,514$0
Note rate4.420%4.420%7.400%
Blended rate4.420%5.330%7.640%
1st payment$1,643.16$1,643.16$2,617.20
2nd payment$0.00$563.47$0.00
Taxes / mo$294.33$294.33$294.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$50.00$50.00$50.00
Total monthly$2,137.49$2,700.97$3,187.13
Cash to close$117,130$42,000$42,000