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$348,342$348,342$382,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$34,158$0
Funding fee$1,742$1,742$0
Note rate2.780%2.780%7.400%
Blended rate2.780%3.335%7.640%
1st payment$1,635.11$1,635.11$2,648.35
2nd payment$0.00$256.18$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$649.00$649.00$649.00
Total monthly$2,788.27$3,044.46$3,878.02
Cash to close$76,658$42,500$42,500