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$376,244$376,244$409,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,256$0
Funding fee$1,881$1,881$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.579%7.640%
1st payment$1,784.25$1,784.25$2,835.30
2nd payment$0.00$249.42$0.00
Taxes / mo$58.66$58.66$58.66
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,009.57$2,258.99$3,142.52
Cash to close$78,756$45,500$45,500