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$466,756$466,756$485,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$45,294$0
Funding fee$2,334$2,334$0
Note rate3.690%3.690%7.320%
Blended rate3.690%4.414%7.560%
1st payment$2,351.46$2,351.46$3,332.30
2nd payment$0.00$448.22$0.00
Taxes / mo$221.58$221.58$221.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.02
HOA / mo$74.00$74.00$74.00
Total monthly$2,813.71$3,261.93$3,891.57
Cash to close$72,244$26,950$53,900