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$453,769$453,769$470,700
Remaining term (yrs)25.125.130.0
Secondary amount$0$43,081$0
Funding fee$2,269$2,269$0
Note rate3.070%3.070%7.320%
Blended rate3.070%3.833%7.560%
1st payment$2,154.10$2,154.10$3,233.38
2nd payment$0.00$426.33$0.00
Taxes / mo$449.17$449.17$449.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.14
HOA / mo$19.58$19.58$19.58
Total monthly$2,789.52$3,215.84$3,962.94
Cash to close$69,231$26,150$52,300