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$338,726$338,726$350,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,824$0
Funding fee$1,694$1,694$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.153%7.640%
1st payment$1,665.85$1,665.85$2,424.02
2nd payment$0.00$305.03$0.00
Taxes / mo$202.25$202.25$202.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$16.67$16.67$16.67
Total monthly$2,034.77$2,339.80$2,862.96
Cash to close$50,274$19,450$38,900