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$314,387$314,387$386,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$71,713$0
Funding fee$1,572$1,572$0
Note rate2.880%2.880%7.400%
Blended rate2.880%4.017%7.640%
1st payment$1,461.36$1,461.36$2,673.28
2nd payment$0.00$537.85$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$22.00$22.00$22.00
Total monthly$1,990.86$2,528.71$3,280.00
Cash to close$114,613$42,900$42,900