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$444,377$444,377$499,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$55,123$0
Funding fee$2,222$2,222$0
Note rate2.960%2.960%7.400%
Blended rate2.960%3.627%7.640%
1st payment$2,107.57$2,107.57$3,458.44
2nd payment$0.00$413.42$0.00
Taxes / mo$462.50$462.50$462.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$145.00$145.00$145.00
Total monthly$2,881.73$3,295.16$4,332.50
Cash to close$110,623$55,500$55,500