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$336,296$336,296$351,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$34,204$0
Funding fee$1,681$1,681$0
Note rate5.230%5.230%7.240%
Blended rate5.230%5.843%7.480%
1st payment$1,979.92$1,979.92$2,392.06
2nd payment$0.00$338.47$0.00
Taxes / mo$262.67$262.67$262.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$65.00$65.00$65.00
Total monthly$2,457.58$2,796.06$2,939.93
Cash to close$53,704$19,500$39,000