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$337,981$337,981$359,996
Remaining term (yrs)25.425.430.0
Secondary amount$0$42,015$0
Funding fee$1,690$1,690$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.657%7.640%
1st payment$1,715.63$1,715.63$2,492.54
2nd payment$0.00$415.77$0.00
Taxes / mo$478.50$478.50$478.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$27.42$27.42$27.42
Total monthly$2,371.55$2,787.32$3,220.46
Cash to close$62,015$20,000$40,000