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$299,767$299,767$323,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$42,138$0
Funding fee$1,499$1,499$0
Note rate3.070%3.070%7.320%
Blended rate3.070%4.155%7.560%
1st payment$1,416.86$1,416.86$2,225.04
2nd payment$0.00$416.99$0.00
Taxes / mo$341.58$341.58$341.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,908.44$2,325.43$2,781.40
Cash to close$60,133$17,995$35,990