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$457,720$457,720$494,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$37,190$0
Funding fee$2,289$2,289$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.442%7.640%
1st payment$2,153.75$2,153.75$3,426.66
2nd payment$0.00$278.92$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,778.66$3,057.59$4,150.56
Cash to close$92,180$54,990$54,990