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$300,489$300,489$337,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$37,011$0
Funding fee$1,502$1,502$0
Note rate3.750%3.750%7.320%
Blended rate3.750%4.326%7.560%
1st payment$1,526.64$1,526.64$2,318.39
2nd payment$0.00$277.58$0.00
Taxes / mo$598.17$598.17$598.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$35.00$35.00$35.00
Total monthly$2,309.80$2,587.39$3,169.06
Cash to close$74,511$37,500$37,500