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$465,841$465,841$555,300
Remaining term (yrs)25.025.030.0
Secondary amount$0$89,459$0
Funding fee$2,329$2,329$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.958%7.640%
1st payment$2,196.82$2,196.82$3,844.79
2nd payment$0.00$670.94$0.00
Taxes / mo$517.51$517.51$517.51
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.06
HOA / mo$133.33$133.33$133.33
Total monthly$3,014.33$3,685.27$4,773.35
Cash to close$151,159$61,700$61,700