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$345,995$345,995$476,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$130,915$0
Funding fee$1,730$1,730$0
Note rate3.010%3.010%7.400%
Blended rate3.010%4.380%7.640%
1st payment$1,688.54$1,688.54$3,302.03
2nd payment$0.00$872.77$0.00
Taxes / mo$441.58$441.58$441.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.38
HOA / mo$161.00$161.00$161.00
Total monthly$2,457.79$3,330.56$4,166.66
Cash to close$183,905$52,990$52,990