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$424,889$424,889$472,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$47,611$0
Funding fee$2,124$2,124$0
Note rate2.500%2.500%7.320%
Blended rate2.500%3.155%7.560%
1st payment$1,919.99$1,919.99$3,245.75
2nd payment$0.00$357.08$0.00
Taxes / mo$577.17$577.17$577.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,663.82$3,020.91$4,084.08
Cash to close$100,111$52,500$52,500