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$451,697$451,697$657,000
Remaining term (yrs)25.125.130.0
Secondary amount$0$205,303$0
Funding fee$2,258$2,258$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.546%7.640%
1st payment$2,149.00$2,149.00$4,548.94
2nd payment$0.00$1,325.92$0.00
Taxes / mo$474.58$474.58$474.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$131.40
HOA / mo$41.67$41.67$41.67
Total monthly$2,881.92$4,207.84$5,413.26
Cash to close$278,303$73,000$73,000