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$367,352$367,352$499,499
Remaining term (yrs)29.729.730.0
Secondary amount$0$132,147$0
Funding fee$1,837$1,837$0
Note rate6.660%6.660%7.400%
Blended rate6.660%7.015%7.640%
1st payment$2,364.86$2,364.86$3,458.43
2nd payment$0.00$880.98$0.00
Taxes / mo$462.50$462.50$462.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$100.00$100.00$100.00
Total monthly$3,094.03$3,975.01$4,287.50
Cash to close$187,647$55,500$55,500