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$335,869$335,869$404,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$69,041$0
Funding fee$1,679$1,679$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.653%7.640%
1st payment$1,704.90$1,704.90$2,803.52
2nd payment$0.00$517.81$0.00
Taxes / mo$368.67$368.67$368.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$327.00$327.00$327.00
Total monthly$2,550.57$3,068.38$3,730.16
Cash to close$114,031$44,990$44,990