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$479,735$479,735$563,976
Remaining term (yrs)24.924.930.0
Secondary amount$0$84,241$0
Funding fee$2,399$2,399$0
Note rate2.860%2.860%7.320%
Blended rate2.860%3.777%7.560%
1st payment$2,235.08$2,235.08$3,874.12
2nd payment$0.00$631.81$0.00
Taxes / mo$542.25$542.25$542.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.80
HOA / mo$179.58$179.58$179.58
Total monthly$3,123.58$3,755.38$4,875.42
Cash to close$146,905$62,664$62,664