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$438,864$438,864$466,200
Remaining term (yrs)24.024.030.0
Secondary amount$0$27,336$0
Funding fee$2,194$2,194$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.239%7.640%
1st payment$2,102.31$2,102.31$3,227.87
2nd payment$0.00$205.02$0.00
Taxes / mo$431.67$431.67$431.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.24
HOA / mo$435.00$435.00$435.00
Total monthly$3,135.64$3,340.66$4,354.45
Cash to close$79,136$51,800$51,800