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$438,774$438,774$476,999
Remaining term (yrs)25.325.330.0
Secondary amount$0$38,225$0
Funding fee$2,194$2,194$0
Note rate3.050%3.050%7.400%
Blended rate3.050%3.527%7.640%
1st payment$2,069.28$2,069.28$3,302.65
2nd payment$0.00$286.69$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,677.61$2,964.30$4,006.38
Cash to close$91,225$53,000$53,000