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$381,974$381,974$436,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$54,526$0
Funding fee$1,910$1,910$0
Note rate3.050%3.050%7.320%
Blended rate3.050%3.793%7.560%
1st payment$1,813.27$1,813.27$2,998.45
2nd payment$0.00$408.95$0.00
Taxes / mo$152.17$152.17$152.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$25.33$25.33$25.33
Total monthly$2,157.43$2,566.38$3,429.92
Cash to close$103,026$48,500$48,500