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$443,414$443,414$539,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$95,686$0
Funding fee$2,217$2,217$0
Note rate3.050%3.050%7.400%
Blended rate3.050%4.106%7.640%
1st payment$2,100.31$2,100.31$3,732.62
2nd payment$0.00$717.64$0.00
Taxes / mo$230.92$230.92$230.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$20.00$20.00$20.00
Total monthly$2,517.90$3,235.54$4,258.02
Cash to close$155,586$59,900$59,900