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$407,443$407,443$463,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$56,057$0
Funding fee$2,037$2,037$0
Note rate3.000%3.000%7.320%
Blended rate3.000%3.726%7.560%
1st payment$1,940.85$1,940.85$3,183.92
2nd payment$0.00$420.43$0.00
Taxes / mo$482.17$482.17$482.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,589.69$3,010.12$3,925.46
Cash to close$107,557$51,500$51,500