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$338,322$338,322$359,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$41,583$0
Funding fee$1,692$1,692$0
Note rate3.220%3.220%7.400%
Blended rate3.220%4.167%7.640%
1st payment$1,625.81$1,625.81$2,491.94
2nd payment$0.00$411.49$0.00
Taxes / mo$151.50$151.50$151.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$47.92$47.92$47.92
Total monthly$1,975.23$2,386.73$2,913.35
Cash to close$61,578$19,995$39,990