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$431,753$431,753$449,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$42,297$0
Funding fee$2,159$2,159$0
Note rate3.070%3.070%7.400%
Blended rate3.070%3.856%7.640%
1st payment$2,049.59$2,049.59$3,109.48
2nd payment$0.00$418.56$0.00
Taxes / mo$415.83$415.83$415.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$194.00$194.00$194.00
Total monthly$2,826.09$3,244.66$3,975.80
Cash to close$67,247$24,950$49,900