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$478,840$478,840$521,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$43,159$0
Funding fee$2,394$2,394$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.478%7.560%
1st payment$2,270.84$2,270.84$3,585.77
2nd payment$0.00$323.69$0.00
Taxes / mo$14.25$14.25$14.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,451.76$2,775.45$3,871.09
Cash to close$101,159$58,000$58,000