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$483,360$483,360$517,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$34,140$0
Funding fee$2,417$2,417$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.443%7.640%
1st payment$2,269.72$2,269.72$3,583.07
2nd payment$0.00$256.05$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$190.00$190.00$190.00
Total monthly$3,105.55$3,361.60$4,522.40
Cash to close$91,640$57,500$57,500