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$288,972$288,972$315,639
Remaining term (yrs)25.325.330.0
Secondary amount$0$26,667$0
Funding fee$1,445$1,445$0
Note rate3.110%3.110%7.400%
Blended rate3.110%3.608%7.640%
1st payment$1,371.90$1,371.90$2,185.42
2nd payment$0.00$200.00$0.00
Taxes / mo$292.26$292.26$292.26
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.13
HOA / mo$0.00$0.00$0.00
Total monthly$1,814.16$2,014.16$2,690.81
Cash to close$61,738$35,071$35,071