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$436,642$436,642$539,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$103,268$0
Funding fee$2,183$2,183$0
Note rate2.790%2.790%7.400%
Blended rate2.790%3.787%7.640%
1st payment$2,051.82$2,051.82$3,738.23
2nd payment$0.00$688.45$0.00
Taxes / mo$102.58$102.58$102.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$3.33$3.33$3.33
Total monthly$2,324.40$3,012.85$4,118.79
Cash to close$163,258$59,990$59,990