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$443,912$443,912$549,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$105,088$0
Funding fee$2,220$2,220$0
Note rate2.980%2.980%7.400%
Blended rate2.980%3.941%7.640%
1st payment$2,100.47$2,100.47$3,801.17
2nd payment$0.00$700.59$0.00
Taxes / mo$249.81$249.81$249.81
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$8.33$8.33$8.33
Total monthly$2,525.27$3,225.86$4,335.77
Cash to close$166,088$61,000$61,000