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$286,351$286,351$359,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$72,749$0
Funding fee$1,432$1,432$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.822%7.560%
1st payment$1,450.73$1,450.73$2,466.77
2nd payment$0.00$545.62$0.00
Taxes / mo$114.75$114.75$114.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,715.48$2,261.11$2,803.34
Cash to close$112,649$39,900$39,900