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$416,890$416,890$485,998
Remaining term (yrs)24.724.730.0
Secondary amount$0$69,109$0
Funding fee$2,084$2,084$0
Note rate2.960%2.960%7.400%
Blended rate2.960%3.819%7.640%
1st payment$1,977.20$1,977.20$3,364.95
2nd payment$0.00$518.31$0.00
Taxes / mo$231.00$231.00$231.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$30.00$30.00$30.00
Total monthly$2,404.87$2,923.18$3,889.82
Cash to close$123,108$54,000$54,000