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$312,078$312,078$341,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$29,832$0
Funding fee$1,560$1,560$0
Note rate2.950%2.950%7.400%
Blended rate2.950%3.478%7.640%
1st payment$1,478.49$1,478.49$2,367.32
2nd payment$0.00$223.74$0.00
Taxes / mo$379.75$379.75$379.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$75.00$75.00$75.00
Total monthly$2,083.24$2,306.98$3,040.45
Cash to close$67,822$37,990$37,990