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$440,639$440,639$575,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$135,271$0
Funding fee$2,203$2,203$0
Note rate2.730%2.730%7.400%
Blended rate2.730%3.968%7.640%
1st payment$2,052.20$2,052.20$3,987.48
2nd payment$0.00$901.81$0.00
Taxes / mo$533.25$533.25$533.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$32.00$32.00$32.00
Total monthly$2,784.12$3,685.93$4,834.58
Cash to close$199,261$63,990$63,990