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$322,707$322,707$341,910
Remaining term (yrs)25.025.030.0
Secondary amount$0$38,198$0
Funding fee$1,614$1,614$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.850%7.560%
1st payment$1,506.75$1,506.75$2,348.68
2nd payment$0.00$378.01$0.00
Taxes / mo$210.75$210.75$210.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$350.00$350.00$350.00
Total monthly$2,217.50$2,595.51$3,127.82
Cash to close$57,193$18,995$37,990