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$437,037$437,037$540,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$102,963$0
Funding fee$2,185$2,185$0
Note rate3.060%3.060%7.400%
Blended rate3.060%4.002%7.640%
1st payment$2,095.47$2,095.47$3,738.85
2nd payment$0.00$686.42$0.00
Taxes / mo$424.25$424.25$424.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$85.00$85.00$85.00
Total monthly$2,771.39$3,457.81$4,522.77
Cash to close$162,963$60,000$60,000