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$309,056$309,056$355,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$46,444$0
Funding fee$1,545$1,545$0
Note rate2.840%2.840%7.320%
Blended rate2.840%3.645%7.560%
1st payment$1,433.44$1,433.44$2,442.04
2nd payment$0.00$348.33$0.00
Taxes / mo$53.17$53.17$53.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,636.61$1,984.93$2,716.31
Cash to close$85,944$39,500$39,500