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$345,997$345,997$391,490
Remaining term (yrs)24.824.830.0
Secondary amount$0$45,493$0
Funding fee$1,730$1,730$0
Note rate3.020%3.020%7.400%
Blended rate3.020%3.715%7.640%
1st payment$1,648.04$1,648.04$2,710.60
2nd payment$0.00$341.20$0.00
Taxes / mo$232.00$232.00$232.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$275.00$275.00$275.00
Total monthly$2,305.04$2,646.24$3,445.90
Cash to close$88,992$43,499$43,499