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$367,244$367,244$463,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$96,256$0
Funding fee$1,836$1,836$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.038%7.640%
1st payment$1,909.18$1,909.18$3,209.18
2nd payment$0.00$721.92$0.00
Taxes / mo$400.92$400.92$400.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,476.77$3,198.69$3,869.46
Cash to close$147,756$51,500$51,500