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$433,963$433,963$481,499
Remaining term (yrs)25.125.130.0
Secondary amount$0$47,536$0
Funding fee$2,170$2,170$0
Note rate2.875%2.875%7.400%
Blended rate2.875%3.480%7.640%
1st payment$2,016.07$2,016.07$3,333.80
2nd payment$0.00$356.52$0.00
Taxes / mo$445.83$445.83$445.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,628.57$2,985.08$4,042.60
Cash to close$101,036$53,500$53,500