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$372,403$372,403$404,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$32,507$0
Funding fee$1,862$1,862$0
Note rate5.510%5.510%7.400%
Blended rate5.510%5.790%7.640%
1st payment$2,248.37$2,248.37$2,803.52
2nd payment$0.00$243.80$0.00
Taxes / mo$203.42$203.42$203.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$70.00$70.00$70.00
Total monthly$2,671.79$2,915.59$3,307.91
Cash to close$77,497$44,990$44,990