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$335,962$335,962$364,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,538$0
Funding fee$1,680$1,680$0
Note rate3.070%3.070%7.400%
Blended rate3.070%3.534%7.640%
1st payment$1,587.93$1,587.93$2,523.72
2nd payment$0.00$214.04$0.00
Taxes / mo$324.67$324.67$324.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$9.75$9.75$9.75
Total monthly$2,072.35$2,286.39$3,081.04
Cash to close$69,038$40,500$40,500