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$355,561$355,561$386,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$30,539$0
Funding fee$1,778$1,778$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.521%7.640%
1st payment$1,714.55$1,714.55$2,673.28
2nd payment$0.00$229.05$0.00
Taxes / mo$357.50$357.50$357.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,222.05$2,451.10$3,258.00
Cash to close$73,439$42,900$42,900