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$352,856$352,856$359,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$27,049$0
Funding fee$1,764$1,764$0
Note rate3.080%3.080%7.320%
Blended rate3.080%3.706%7.560%
1st payment$1,699.34$1,699.34$2,472.33
2nd payment$0.00$267.67$0.00
Taxes / mo$138.67$138.67$138.67
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$1,988.00$2,255.67$2,832.98
Cash to close$47,044$19,995$39,990