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$435,524$435,524$468,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$32,476$0
Funding fee$2,178$2,178$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.295%7.640%
1st payment$2,035.98$2,035.98$3,240.34
2nd payment$0.00$243.57$0.00
Taxes / mo$433.33$433.33$433.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,635.98$2,879.55$3,933.94
Cash to close$84,476$52,000$52,000