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$340,439$340,439$427,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$86,971$0
Funding fee$1,702$1,702$0
Note rate3.450%3.450%7.320%
Blended rate3.450%4.579%7.560%
1st payment$1,674.27$1,674.27$2,936.01
2nd payment$0.00$652.28$0.00
Taxes / mo$132.67$132.67$132.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,973.61$2,625.89$3,320.83
Cash to close$134,461$47,490$47,490