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$362,539$362,539$395,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$33,371$0
Funding fee$1,813$1,813$0
Note rate3.560%3.560%7.400%
Blended rate3.560%4.019%7.640%
1st payment$1,804.45$1,804.45$2,741.20
2nd payment$0.00$250.28$0.00
Taxes / mo$242.50$242.50$242.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,196.95$2,447.22$3,212.88
Cash to close$77,361$43,990$43,990