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$329,614$329,614$341,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$31,291$0
Funding fee$1,648$1,648$0
Note rate3.625%3.625%7.400%
Blended rate3.625%4.340%7.640%
1st payment$1,655.47$1,655.47$2,367.32
2nd payment$0.00$309.65$0.00
Taxes / mo$107.26$107.26$107.26
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$4.58$4.58$4.58
Total monthly$1,917.31$2,226.96$2,697.54
Cash to close$50,286$18,995$37,990