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$309,444$309,444$427,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$117,966$0
Funding fee$1,547$1,547$0
Note rate3.180%3.180%7.400%
Blended rate3.180%4.510%7.640%
1st payment$1,509.81$1,509.81$2,959.30
2nd payment$0.00$786.44$0.00
Taxes / mo$395.75$395.75$395.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$28.00$28.00$28.00
Total monthly$2,100.22$2,886.67$3,635.20
Cash to close$165,456$47,490$47,490