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$319,712$319,712$332,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$31,693$0
Funding fee$1,599$1,599$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.492%7.640%
1st payment$1,622.89$1,622.89$2,305.00
2nd payment$0.00$313.63$0.00
Taxes / mo$308.25$308.25$308.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$269.00$269.00$269.00
Total monthly$2,350.14$2,663.77$3,098.83
Cash to close$50,188$18,495$36,990