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$282,342$282,342$332,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$49,758$0
Funding fee$1,412$1,412$0
Note rate3.750%3.750%7.400%
Blended rate3.750%4.537%7.640%
1st payment$1,528.28$1,528.28$2,299.39
2nd payment$0.00$373.19$0.00
Taxes / mo$253.00$253.00$253.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$100.00$100.00$100.00
Total monthly$2,031.28$2,404.47$2,868.81
Cash to close$86,658$36,900$36,900