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$433,064$433,064$466,020
Remaining term (yrs)25.325.330.0
Secondary amount$0$32,956$0
Funding fee$2,165$2,165$0
Note rate3.220%3.220%7.320%
Blended rate3.220%3.629%7.560%
1st payment$2,081.10$2,081.10$3,201.23
2nd payment$0.00$247.17$0.00
Taxes / mo$419.17$419.17$419.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.20
HOA / mo$173.33$173.33$173.33
Total monthly$2,840.26$3,087.43$4,053.60
Cash to close$84,736$51,780$51,780