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$326,141$326,141$382,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$56,269$0
Funding fee$1,631$1,631$0
Note rate3.070%3.070%7.320%
Blended rate3.070%3.943%7.560%
1st payment$1,544.86$1,544.86$2,626.89
2nd payment$0.00$422.02$0.00
Taxes / mo$354.08$354.08$354.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,048.95$2,470.97$3,207.46
Cash to close$98,759$42,490$42,490