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$352,432$352,432$476,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$124,478$0
Funding fee$1,762$1,762$0
Note rate3.000%3.000%7.400%
Blended rate3.000%4.305%7.640%
1st payment$1,678.81$1,678.81$3,302.03
2nd payment$0.00$829.85$0.00
Taxes / mo$286.42$286.42$286.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.38
HOA / mo$9.17$9.17$9.17
Total monthly$2,141.06$2,970.92$3,859.66
Cash to close$177,468$52,990$52,990