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$465,099$465,099$481,499
Remaining term (yrs)25.025.030.0
Secondary amount$0$43,150$0
Funding fee$2,325$2,325$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.662%7.560%
1st payment$2,171.60$2,171.60$3,307.56
2nd payment$0.00$427.01$0.00
Taxes / mo$445.83$445.83$445.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$10.00$10.00$10.00
Total monthly$2,794.10$3,221.11$4,026.36
Cash to close$69,900$26,750$53,500