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$306,861$306,861$387,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$80,139$0
Funding fee$1,534$1,534$0
Note rate3.330%3.330%7.320%
Blended rate3.330%4.504%7.560%
1st payment$1,563.04$1,563.04$2,658.42
2nd payment$0.00$601.04$0.00
Taxes / mo$461.17$461.17$461.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$138.00$138.00$138.00
Total monthly$2,312.21$2,913.25$3,484.99
Cash to close$123,139$43,000$43,000