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$449,263$449,263$484,200
Remaining term (yrs)23.423.430.0
Secondary amount$0$34,937$0
Funding fee$2,246$2,246$0
Note rate3.480%3.480%7.400%
Blended rate3.480%3.878%7.640%
1st payment$2,329.23$2,329.23$3,352.50
2nd payment$0.00$262.03$0.00
Taxes / mo$448.33$448.33$448.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.84
HOA / mo$534.00$534.00$534.00
Total monthly$3,478.23$3,740.26$4,598.34
Cash to close$88,737$53,800$53,800