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$353,732$353,732$391,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$37,768$0
Funding fee$1,769$1,769$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.612%7.640%
1st payment$2,086.78$2,086.78$2,710.67
2nd payment$0.00$283.26$0.00
Taxes / mo$7.67$7.67$7.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,244.44$2,527.70$2,946.63
Cash to close$81,268$43,500$43,500