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$299,495$299,495$310,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,160$0
Funding fee$1,497$1,497$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.275%7.640%
1st payment$1,490.66$1,490.66$2,149.22
2nd payment$0.00$278.66$0.00
Taxes / mo$40.42$40.42$40.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.08
HOA / mo$35.00$35.00$35.00
Total monthly$1,716.08$1,994.74$2,436.71
Cash to close$45,405$17,245$34,490