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$449,598$449,598$472,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$49,152$0
Funding fee$2,248$2,248$0
Note rate5.250%5.250%7.320%
Blended rate5.250%5.903%7.560%
1st payment$2,609.69$2,609.69$3,245.75
2nd payment$0.00$486.40$0.00
Taxes / mo$72.50$72.50$72.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$37.50$37.50$37.50
Total monthly$2,886.35$3,372.76$3,616.91
Cash to close$75,402$26,250$52,500