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$440,562$440,562$494,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$53,538$0
Funding fee$2,203$2,203$0
Note rate3.140%3.140%7.400%
Blended rate3.140%3.775%7.640%
1st payment$2,103.04$2,103.04$3,421.05
2nd payment$0.00$401.54$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$415.00$415.00$415.00
Total monthly$3,142.21$3,543.74$4,559.04
Cash to close$108,438$54,900$54,900