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$314,335$314,335$332,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$36,215$0
Funding fee$1,572$1,572$0
Note rate3.890%3.890%7.320%
Blended rate3.890%4.715%7.560%
1st payment$1,614.98$1,614.98$2,281.30
2nd payment$0.00$358.38$0.00
Taxes / mo$338.25$338.25$338.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,103.23$2,461.61$2,835.97
Cash to close$54,665$18,450$36,900