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$331,364$331,364$359,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$28,546$0
Funding fee$1,657$1,657$0
Note rate3.090%3.090%7.320%
Blended rate3.090%3.559%7.560%
1st payment$1,601.16$1,601.16$2,472.33
2nd payment$0.00$214.09$0.00
Taxes / mo$225.92$225.92$225.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$42.00$42.00$42.00
Total monthly$2,019.07$2,233.17$2,962.23
Cash to close$68,536$39,990$39,990