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$339,071$339,071$350,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$31,334$0
Funding fee$1,695$1,695$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.529%7.560%
1st payment$1,734.59$1,734.59$2,410.51
2nd payment$0.00$310.08$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,075.42$2,385.50$2,821.52
Cash to close$50,829$19,495$38,990