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$295,335$295,335$420,660
Remaining term (yrs)23.423.430.0
Secondary amount$0$125,325$0
Funding fee$1,477$1,477$0
Note rate3.310%3.310%7.400%
Blended rate3.310%4.707%7.640%
1st payment$1,504.73$1,504.73$2,912.56
2nd payment$0.00$835.50$0.00
Taxes / mo$349.00$349.00$349.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.13
HOA / mo$0.00$0.00$0.00
Total monthly$2,020.40$2,855.90$3,512.36
Cash to close$172,065$46,740$46,740