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$440,397$440,397$530,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$90,513$0
Funding fee$2,202$2,202$0
Note rate2.970%2.970%7.400%
Blended rate2.970%3.998%7.640%
1st payment$2,095.74$2,095.74$3,675.91
2nd payment$0.00$678.85$0.00
Taxes / mo$491.58$491.58$491.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,753.99$3,432.83$4,440.35
Cash to close$149,503$58,990$58,990