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$357,959$357,959$382,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$45,791$0
Funding fee$1,790$1,790$0
Note rate5.110%5.110%7.400%
Blended rate5.110%5.877%7.640%
1st payment$2,085.25$2,085.25$2,648.35
2nd payment$0.00$453.14$0.00
Taxes / mo$204.75$204.75$204.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,440.00$2,893.14$3,079.60
Cash to close$67,041$21,250$42,500