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$351,683$351,683$431,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$80,227$0
Funding fee$1,758$1,758$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.733%7.640%
1st payment$1,785.18$1,785.18$2,990.46
2nd payment$0.00$601.70$0.00
Taxes / mo$116.00$116.00$116.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$67.00$67.00$67.00
Total monthly$2,134.85$2,736.55$3,426.51
Cash to close$128,217$47,990$47,990