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$345,185$345,185$404,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$59,725$0
Funding fee$1,726$1,726$0
Note rate5.130%5.130%7.320%
Blended rate5.130%5.701%7.560%
1st payment$2,002.53$2,002.53$2,781.45
2nd payment$0.00$447.94$0.00
Taxes / mo$361.25$361.25$361.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$19.08$19.08$19.08
Total monthly$2,532.86$2,980.80$3,392.76
Cash to close$104,715$44,990$44,990