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$349,455$349,455$395,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$46,455$0
Funding fee$1,747$1,747$0
Note rate5.000%5.000%7.400%
Blended rate5.000%5.469%7.640%
1st payment$2,013.08$2,013.08$2,741.20
2nd payment$0.00$348.41$0.00
Taxes / mo$96.92$96.92$96.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$12.50$12.50$12.50
Total monthly$2,272.50$2,620.91$3,079.80
Cash to close$90,445$43,990$43,990