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$475,938$475,938$580,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$104,562$0
Funding fee$2,380$2,380$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.819%7.560%
1st payment$2,247.64$2,247.64$3,987.63
2nd payment$0.00$697.08$0.00
Taxes / mo$321.50$321.50$321.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.10
HOA / mo$65.00$65.00$65.00
Total monthly$2,800.81$3,497.89$4,656.90
Cash to close$169,062$64,500$64,500