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$486,266$486,266$539,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$53,644$0
Funding fee$2,431$2,431$0
Note rate2.870%2.870%7.320%
Blended rate2.870%3.479%7.560%
1st payment$2,273.18$2,273.18$3,708.81
2nd payment$0.00$402.33$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$120.00$120.00$120.00
Total monthly$3,059.77$3,462.10$4,603.37
Cash to close$113,634$59,990$59,990