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$371,504$371,504$468,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$96,496$0
Funding fee$1,858$1,858$0
Note rate3.730%3.730%7.400%
Blended rate3.730%4.817%7.640%
1st payment$1,984.39$1,984.39$3,240.34
2nd payment$0.00$723.72$0.00
Taxes / mo$433.33$433.33$433.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$550.00$550.00$550.00
Total monthly$3,134.39$3,858.11$4,483.94
Cash to close$148,496$52,000$52,000