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$382,628$382,628$393,750
Remaining term (yrs)25.625.630.0
Secondary amount$0$32,997$0
Funding fee$1,913$1,913$0
Note rate4.720%4.720%7.320%
Blended rate4.720%5.288%7.560%
1st payment$2,141.74$2,141.74$2,704.79
2nd payment$0.00$326.53$0.00
Taxes / mo$264.33$264.33$264.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.75
HOA / mo$34.00$34.00$34.00
Total monthly$2,590.08$2,916.61$3,231.87
Cash to close$54,872$21,875$43,750