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$378,967$378,967$436,410
Remaining term (yrs)25.725.730.0
Secondary amount$0$57,443$0
Funding fee$1,895$1,895$0
Note rate5.090%5.090%7.320%
Blended rate5.090%5.605%7.560%
1st payment$2,199.71$2,199.71$2,997.83
2nd payment$0.00$430.82$0.00
Taxes / mo$238.83$238.83$238.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.28
HOA / mo$185.00$185.00$185.00
Total monthly$2,790.21$3,221.03$3,675.62
Cash to close$105,933$48,490$48,490