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$340,824$340,824$350,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$29,581$0
Funding fee$1,711$1,711$0
Note rate5.250%5.250%7.400%
Blended rate5.250%5.777%7.640%
1st payment$2,015.54$2,015.54$2,429.63
2nd payment$0.00$292.73$0.00
Taxes / mo$73.17$73.17$73.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,238.71$2,531.44$2,722.98
Cash to close$49,076$19,495$38,990