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$442,414$442,414$535,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$93,086$0
Funding fee$2,212$2,212$0
Note rate2.680%2.680%7.400%
Blended rate2.680%3.779%7.640%
1st payment$2,049.21$2,049.21$3,707.69
2nd payment$0.00$698.14$0.00
Taxes / mo$281.58$281.58$281.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$11.67$11.67$11.67
Total monthly$2,509.12$3,207.27$4,274.71
Cash to close$152,586$59,500$59,500