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$345,602$345,602$404,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$58,498$0
Funding fee$1,728$1,728$0
Note rate3.020%3.020%7.320%
Blended rate3.020%3.886%7.560%
1st payment$1,661.15$1,661.15$2,775.89
2nd payment$0.00$438.73$0.00
Taxes / mo$249.33$249.33$249.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,060.48$2,499.21$3,256.04
Cash to close$103,398$44,900$44,900