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$468,848$468,848$611,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$142,252$0
Funding fee$2,344$2,344$0
Note rate3.090%3.090%7.400%
Blended rate3.090%4.233%7.640%
1st payment$2,265.48$2,265.48$4,231.13
2nd payment$0.00$948.34$0.00
Taxes / mo$481.50$481.50$481.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.22
HOA / mo$25.00$25.00$25.00
Total monthly$2,938.65$3,886.99$5,026.52
Cash to close$210,152$67,900$67,900