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$339,735$339,735$351,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$30,765$0
Funding fee$1,699$1,699$0
Note rate3.080%3.080%7.320%
Blended rate3.080%3.810%7.560%
1st payment$1,639.83$1,639.83$2,411.13
2nd payment$0.00$304.44$0.00
Taxes / mo$267.83$267.83$267.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,057.67$2,362.11$2,899.16
Cash to close$50,265$19,500$39,000