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$444,070$444,070$557,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$113,030$0
Funding fee$2,220$2,220$0
Note rate3.100%3.100%7.320%
Blended rate3.100%4.094%7.560%
1st payment$2,110.46$2,110.46$3,826.89
2nd payment$0.00$753.53$0.00
Taxes / mo$386.37$386.37$386.37
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.42
HOA / mo$40.00$40.00$40.00
Total monthly$2,703.49$3,457.02$4,531.35
Cash to close$174,930$61,900$61,900