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$372,399$372,399$413,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$40,701$0
Funding fee$1,862$1,862$0
Note rate5.780%5.780%7.320%
Blended rate5.780%6.097%7.560%
1st payment$2,312.65$2,312.65$2,837.71
2nd payment$0.00$305.26$0.00
Taxes / mo$154.75$154.75$154.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,634.06$2,939.32$3,241.75
Cash to close$86,601$45,900$45,900