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$353,191$353,191$359,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$26,714$0
Funding fee$1,766$1,766$0
Note rate3.130%3.130%7.320%
Blended rate3.130%3.745%7.560%
1st payment$1,710.18$1,710.18$2,472.33
2nd payment$0.00$264.36$0.00
Taxes / mo$138.70$138.70$138.70
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,998.88$2,263.24$2,833.02
Cash to close$46,709$19,995$39,990