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$452,786$452,786$467,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$41,119$0
Funding fee$2,264$2,264$0
Note rate2.250%2.250%7.400%
Blended rate2.250%3.051%7.640%
1st payment$1,974.74$1,974.74$3,239.71
2nd payment$0.00$406.90$0.00
Taxes / mo$433.25$433.25$433.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$345.00$345.00$345.00
Total monthly$2,919.66$3,326.56$4,278.21
Cash to close$67,114$25,995$51,990