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$441,842$441,842$490,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$48,658$0
Funding fee$2,209$2,209$0
Note rate3.100%3.100%7.400%
Blended rate3.100%3.685%7.640%
1st payment$2,095.33$2,095.33$3,396.12
2nd payment$0.00$364.94$0.00
Taxes / mo$565.75$565.75$565.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$90.00$90.00$90.00
Total monthly$2,917.75$3,282.69$4,316.64
Cash to close$103,158$54,500$54,500