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$363,303$363,303$494,999
Remaining term (yrs)25.825.830.0
Secondary amount$0$131,696$0
Funding fee$1,817$1,817$0
Note rate5.780%5.780%7.400%
Blended rate5.780%6.371%7.640%
1st payment$2,256.16$2,256.16$3,427.27
2nd payment$0.00$877.98$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,881.16$3,759.13$4,151.27
Cash to close$186,696$55,000$55,000