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$338,849$338,849$422,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$83,251$0
Funding fee$1,694$1,694$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.990%7.640%
1st payment$1,998.98$1,998.98$2,922.54
2nd payment$0.00$624.38$0.00
Taxes / mo$390.83$390.83$390.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,556.48$3,180.86$3,564.46
Cash to close$130,151$46,900$46,900