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$342,406$342,406$463,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$121,094$0
Funding fee$1,712$1,712$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.720%7.640%
1st payment$1,810.34$1,810.34$3,209.18
2nd payment$0.00$807.29$0.00
Taxes / mo$448.17$448.17$448.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$425.00$425.00$425.00
Total monthly$2,850.17$3,657.47$4,341.71
Cash to close$172,594$51,500$51,500