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$353,796$353,796$418,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$64,704$0
Funding fee$1,769$1,769$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.308%7.560%
1st payment$1,739.96$1,739.96$2,874.80
2nd payment$0.00$485.28$0.00
Taxes / mo$1,154.50$1,154.50$1,154.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,061.13$3,546.41$4,279.67
Cash to close$111,204$46,500$46,500