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$405,000
Remaining term (yrs)25.025.030.0
Secondary amount$0$45,526$0
Funding fee$1,910$1,910$0
Note rate3.050%3.050%7.320%
Blended rate3.050%3.990%7.560%
1st payment$1,813.27$1,813.27$2,782.07
2nd payment$0.00$450.52$0.00
Taxes / mo$152.17$152.17$152.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$25.33$25.33$25.33
Total monthly$2,140.77$2,591.28$3,190.57
Cash to close$68,026$22,500$45,000