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$349,212$349,212$440,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$91,698$0
Funding fee$1,746$1,746$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.295%7.640%
1st payment$1,678.15$1,678.15$3,052.77
2nd payment$0.00$687.73$0.00
Taxes / mo$81.15$81.15$81.15
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,925.96$2,613.69$3,388.77
Cash to close$140,688$48,990$48,990