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$338,128$338,128$377,991
Remaining term (yrs)25.425.430.0
Secondary amount$0$39,863$0
Funding fee$1,691$1,691$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.313%7.640%
1st payment$1,716.37$1,716.37$2,617.13
2nd payment$0.00$298.97$0.00
Taxes / mo$376.48$376.48$376.48
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$91.67$91.67$91.67
Total monthly$2,334.52$2,633.49$3,310.88
Cash to close$81,862$41,999$41,999