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$307,933$307,933$351,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$43,067$0
Funding fee$1,540$1,540$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.648%7.560%
1st payment$1,437.77$1,437.77$2,411.13
2nd payment$0.00$323.00$0.00
Taxes / mo$626.33$626.33$626.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$12.50$12.50$12.50
Total monthly$2,226.61$2,549.61$3,270.16
Cash to close$82,067$39,000$39,000