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$432,384$432,384$544,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$112,116$0
Funding fee$2,162$2,162$0
Note rate2.880%2.880%7.400%
Blended rate2.880%3.934%7.640%
1st payment$2,014.38$2,014.38$3,770.01
2nd payment$0.00$747.44$0.00
Taxes / mo$344.92$344.92$344.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.90
HOA / mo$28.00$28.00$28.00
Total monthly$2,553.96$3,301.40$4,418.49
Cash to close$172,616$60,500$60,500