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$398,906$398,906$477,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$78,094$0
Funding fee$1,995$1,995$0
Note rate2.900%2.900%7.320%
Blended rate2.900%3.899%7.560%
1st payment$1,883.86$1,883.86$3,276.66
2nd payment$0.00$585.70$0.00
Taxes / mo$279.17$279.17$279.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,329.69$2,915.39$3,817.89
Cash to close$131,094$53,000$53,000