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$471,716$471,716$517,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$45,784$0
Funding fee$2,359$2,359$0
Note rate3.180%3.180%7.400%
Blended rate3.180%3.695%7.640%
1st payment$2,301.55$2,301.55$3,583.07
2nd payment$0.00$343.38$0.00
Taxes / mo$322.45$322.45$322.45
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$8.33$8.33$8.33
Total monthly$2,799.00$3,142.38$4,184.01
Cash to close$103,284$57,500$57,500