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$367,654$367,654$378,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$31,346$0
Funding fee$1,838$1,838$0
Note rate4.670%4.670%7.320%
Blended rate4.670%5.236%7.560%
1st payment$2,050.74$2,050.74$2,596.60
2nd payment$0.00$310.20$0.00
Taxes / mo$350.00$350.00$350.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$25.00$25.00$25.00
Total monthly$2,575.74$2,885.94$3,197.20
Cash to close$52,346$21,000$42,000