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$379,950$379,950$414,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$34,050$0
Funding fee$1,900$1,900$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.191%7.560%
1st payment$1,924.94$1,924.94$2,843.89
2nd payment$0.00$255.37$0.00
Taxes / mo$238.33$238.33$238.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$98.00$98.00$98.00
Total monthly$2,427.94$2,683.31$3,429.69
Cash to close$80,050$46,000$46,000