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$302,241$302,241$314,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$30,164$0
Funding fee$1,511$1,511$0
Note rate3.040%3.040%7.320%
Blended rate3.040%3.842%7.560%
1st payment$1,449.27$1,449.27$2,163.21
2nd payment$0.00$298.50$0.00
Taxes / mo$344.17$344.17$344.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,943.44$2,241.94$2,720.36
Cash to close$47,659$17,495$34,990