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$363,092$363,092$387,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$45,408$0
Funding fee$1,815$1,815$0
Note rate3.110%3.110%7.400%
Blended rate3.110%4.084%7.640%
1st payment$1,727.51$1,727.51$2,679.51
2nd payment$0.00$449.35$0.00
Taxes / mo$245.33$245.33$245.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$25.00$25.00$25.00
Total monthly$2,147.85$2,597.19$3,177.24
Cash to close$66,908$21,500$43,000