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$337,577$337,577$400,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$62,923$0
Funding fee$1,688$1,688$0
Note rate5.120%5.120%7.320%
Blended rate5.120%5.730%7.560%
1st payment$1,850.21$1,850.21$2,751.16
2nd payment$0.00$471.92$0.00
Taxes / mo$807.17$807.17$807.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$24.00$24.00$24.00
Total monthly$2,831.38$3,303.30$3,812.42
Cash to close$107,423$44,500$44,500