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$352,673$352,673$449,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$97,237$0
Funding fee$1,763$1,763$0
Note rate4.000%4.000%7.400%
Blended rate4.000%5.081%7.640%
1st payment$1,830.03$1,830.03$3,115.09
2nd payment$0.00$729.28$0.00
Taxes / mo$279.33$279.33$279.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$1.33$1.33$1.33
Total monthly$2,277.36$3,006.64$3,652.40
Cash to close$147,227$49,990$49,990