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$451,804$451,804$513,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$61,196$0
Funding fee$2,259$2,259$0
Note rate3.080%3.080%7.400%
Blended rate3.080%3.786%7.640%
1st payment$2,180.77$2,180.77$3,551.91
2nd payment$0.00$458.97$0.00
Taxes / mo$706.00$706.00$706.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$45.33$45.33$45.33
Total monthly$3,098.76$3,557.73$4,572.51
Cash to close$118,196$57,000$57,000