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$373,778$373,778$403,200
Remaining term (yrs)25.725.730.0
Secondary amount$0$29,422$0
Funding fee$1,869$1,869$0
Note rate5.100%5.100%7.320%
Blended rate5.100%5.385%7.560%
1st payment$2,171.80$2,171.80$2,769.70
2nd payment$0.00$220.66$0.00
Taxes / mo$22.33$22.33$22.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.64
HOA / mo$0.00$0.00$0.00
Total monthly$2,344.13$2,564.80$3,022.68
Cash to close$74,222$44,800$44,800