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$461,647$461,647$495,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$33,353$0
Funding fee$2,308$2,308$0
Note rate3.090%3.090%7.320%
Blended rate3.090%3.488%7.560%
1st payment$2,196.34$2,196.34$3,400.31
2nd payment$0.00$250.15$0.00
Taxes / mo$268.62$268.62$268.62
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$9.17$9.17$9.17
Total monthly$2,640.79$2,890.94$3,943.76
Cash to close$88,353$55,000$55,000