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$466,162$466,162$602,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$136,748$0
Funding fee$2,331$2,331$0
Note rate3.100%3.100%7.320%
Blended rate3.100%4.211%7.560%
1st payment$2,210.66$2,210.66$4,141.57
2nd payment$0.00$911.65$0.00
Taxes / mo$400.17$400.17$400.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.58
HOA / mo$92.00$92.00$92.00
Total monthly$2,869.50$3,781.15$4,920.99
Cash to close$203,738$66,990$66,990