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$353,043$353,043$368,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$36,362$0
Funding fee$1,765$1,765$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.518%7.640%
1st payment$1,785.18$1,785.18$2,554.26
2nd payment$0.00$359.83$0.00
Taxes / mo$410.83$410.83$410.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.78
HOA / mo$36.25$36.25$36.25
Total monthly$2,382.26$2,742.09$3,225.12
Cash to close$56,857$20,495$40,990