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$317,797$317,797$359,955
Remaining term (yrs)24.924.930.0
Secondary amount$0$42,158$0
Funding fee$1,589$1,589$0
Note rate3.140%3.140%7.400%
Blended rate3.140%3.826%7.640%
1st payment$1,526.92$1,526.92$2,492.26
2nd payment$0.00$316.19$0.00
Taxes / mo$250.58$250.58$250.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.99
HOA / mo$380.00$380.00$380.00
Total monthly$2,307.51$2,623.69$3,344.83
Cash to close$82,153$39,995$39,995