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$340,038$340,038$387,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$46,962$0
Funding fee$1,700$1,700$0
Note rate3.010%3.010%7.320%
Blended rate3.010%3.737%7.560%
1st payment$1,607.10$1,607.10$2,658.42
2nd payment$0.00$352.21$0.00
Taxes / mo$210.75$210.75$210.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$105.00$105.00$105.00
Total monthly$2,072.85$2,425.06$3,201.57
Cash to close$89,962$43,000$43,000