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$341,887$341,887$476,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$134,213$0
Funding fee$1,709$1,709$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.445%7.640%
1st payment$1,612.36$1,612.36$3,296.42
2nd payment$0.00$894.75$0.00
Taxes / mo$18.83$18.83$18.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,797.86$2,692.61$3,577.14
Cash to close$187,113$52,900$52,900