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$449,164$449,164$450,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$25,836$0
Funding fee$2,246$2,246$0
Note rate3.450%3.450%7.400%
Blended rate3.450%3.908%7.640%
1st payment$2,208.98$2,208.98$3,115.71
2nd payment$0.00$255.67$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$4.17$4.17$4.17
Total monthly$2,796.48$3,052.15$3,793.21
Cash to close$50,836$25,000$50,000