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$361,452$361,452$369,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$28,048$0
Funding fee$1,807$1,807$0
Note rate4.000%4.000%7.320%
Blended rate4.000%4.567%7.560%
1st payment$1,858.51$1,858.51$2,534.77
2nd payment$0.00$277.56$0.00
Taxes / mo$108.17$108.17$108.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,116.68$2,394.24$2,866.74
Cash to close$48,548$20,500$41,000