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$325,590$325,590$395,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$69,510$0
Funding fee$1,628$1,628$0
Note rate3.060%3.060%7.320%
Blended rate3.060%4.105%7.560%
1st payment$1,564.63$1,564.63$2,714.06
2nd payment$0.00$521.33$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.02
HOA / mo$479.00$479.00$479.00
Total monthly$2,559.46$3,080.79$3,787.92
Cash to close$113,410$43,900$43,900