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$437,019$437,019$584,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$147,081$0
Funding fee$2,185$2,185$0
Note rate2.500%2.500%7.400%
Blended rate2.500%3.885%7.640%
1st payment$1,955.85$1,955.85$4,044.19
2nd payment$0.00$980.54$0.00
Taxes / mo$635.25$635.25$635.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$90.00$90.00$90.00
Total monthly$2,847.77$3,828.31$5,052.93
Cash to close$211,981$64,900$64,900