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$359,958$359,958$367,649
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,116$0
Funding fee$1,800$1,800$0
Note rate3.220%3.220%7.320%
Blended rate3.220%3.847%7.560%
1st payment$1,729.78$1,729.78$2,525.49
2nd payment$0.00$278.24$0.00
Taxes / mo$121.80$121.80$121.80
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.53
HOA / mo$85.00$85.00$85.00
Total monthly$2,086.58$2,364.82$2,955.83
Cash to close$48,541$20,425$40,850