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$307,010$307,010$319,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$30,240$0
Funding fee$1,535$1,535$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.488%7.640%
1st payment$1,555.40$1,555.40$2,212.15
2nd payment$0.00$299.25$0.00
Taxes / mo$295.83$295.83$295.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$78.00$78.00$78.00
Total monthly$2,079.24$2,378.48$2,799.89
Cash to close$47,990$17,750$35,500