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$428,221$428,221$508,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$80,279$0
Funding fee$2,141$2,141$0
Note rate2.810%2.810%7.320%
Blended rate2.810%3.787%7.560%
1st payment$2,011.87$2,011.87$3,493.04
2nd payment$0.00$602.09$0.00
Taxes / mo$170.08$170.08$170.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$112.00$112.00$112.00
Total monthly$2,460.62$3,062.72$4,043.49
Cash to close$136,779$56,500$56,500