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$304,032$304,032$337,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$33,468$0
Funding fee$1,520$1,520$0
Note rate3.110%3.110%7.320%
Blended rate3.110%3.694%7.560%
1st payment$1,443.40$1,443.40$2,318.39
2nd payment$0.00$251.01$0.00
Taxes / mo$202.75$202.75$202.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,796.15$2,047.16$2,738.64
Cash to close$70,968$37,500$37,500