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$471,306$471,306$536,310
Remaining term (yrs)24.824.830.0
Secondary amount$0$65,004$0
Funding fee$2,357$2,357$0
Note rate2.930%2.930%7.400%
Blended rate2.930%3.666%7.640%
1st payment$2,222.90$2,222.90$3,713.30
2nd payment$0.00$487.53$0.00
Taxes / mo$154.17$154.17$154.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.26
HOA / mo$50.00$50.00$50.00
Total monthly$2,593.73$3,081.26$4,191.40
Cash to close$124,594$59,590$59,590