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$334,489$334,489$350,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$35,061$0
Funding fee$1,672$1,672$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.611%7.560%
1st payment$1,711.15$1,711.15$2,404.94
2nd payment$0.00$346.96$0.00
Taxes / mo$324.17$324.17$324.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,185.32$2,532.28$2,949.13
Cash to close$54,511$19,450$38,900