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$461,371$461,371$508,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$47,129$0
Funding fee$2,307$2,307$0
Note rate2.870%2.870%7.400%
Blended rate2.870%3.438%7.640%
1st payment$2,151.91$2,151.91$3,520.75
2nd payment$0.00$353.47$0.00
Taxes / mo$646.58$646.58$646.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$125.00$125.00$125.00
Total monthly$3,090.16$3,443.62$4,560.70
Cash to close$103,629$56,500$56,500