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$379,607$379,607$400,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$43,143$0
Funding fee$1,898$1,898$0
Note rate3.010%3.010%7.400%
Blended rate3.010%3.915%7.640%
1st payment$1,794.11$1,794.11$2,772.98
2nd payment$0.00$426.94$0.00
Taxes / mo$639.33$639.33$639.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$21.75$21.75$21.75
Total monthly$2,605.19$3,032.13$3,664.16
Cash to close$65,393$22,250$44,500