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$387,870$387,870$395,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$29,180$0
Funding fee$1,939$1,939$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.142%7.640%
1st payment$1,926.66$1,926.66$2,735.59
2nd payment$0.00$288.76$0.00
Taxes / mo$523.83$523.83$523.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,600.49$2,889.25$3,488.45
Cash to close$51,130$21,950$43,900