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$448,052$448,052$585,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$136,948$0
Funding fee$2,240$2,240$0
Note rate2.980%2.980%7.320%
Blended rate2.980%4.155%7.560%
1st payment$2,120.05$2,120.05$4,018.54
2nd payment$0.00$912.99$0.00
Taxes / mo$361.83$361.83$361.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$117.00
HOA / mo$71.67$71.67$71.67
Total monthly$2,720.22$3,633.21$4,735.71
Cash to close$201,948$65,000$65,000