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$445,726$445,726$562,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$116,774$0
Funding fee$2,229$2,229$0
Note rate2.700%2.700%7.400%
Blended rate2.700%3.800%7.640%
1st payment$2,044.79$2,044.79$3,894.64
2nd payment$0.00$778.49$0.00
Taxes / mo$361.83$361.83$361.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$71.67$71.67$71.67
Total monthly$2,644.96$3,423.46$4,607.31
Cash to close$179,274$62,500$62,500