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$325,590$325,590$373,410
Remaining term (yrs)24.624.630.0
Secondary amount$0$47,820$0
Funding fee$1,628$1,628$0
Note rate3.060%3.060%7.400%
Blended rate3.060%3.821%7.640%
1st payment$1,564.63$1,564.63$2,585.42
2nd payment$0.00$358.65$0.00
Taxes / mo$215.75$215.75$215.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$10.42$10.42$10.42
Total monthly$1,940.80$2,299.45$3,036.27
Cash to close$89,310$41,490$41,490