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$286,272$286,272$315,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,728$0
Funding fee$1,431$1,431$0
Note rate3.550%3.550%7.320%
Blended rate3.550%4.047%7.560%
1st payment$1,423.30$1,423.30$2,163.83
2nd payment$0.00$215.46$0.00
Taxes / mo$193.08$193.08$193.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,766.38$1,981.84$2,569.91
Cash to close$63,728$35,000$35,000