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$435,124$435,124$440,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$29,426$0
Funding fee$2,176$2,176$0
Note rate2.900%2.900%7.400%
Blended rate2.900%3.468%7.640%
1st payment$2,022.57$2,022.57$3,047.16
2nd payment$0.00$291.19$0.00
Taxes / mo$407.50$407.50$407.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,596.73$2,887.92$3,709.35
Cash to close$53,876$24,450$48,900