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$413,103$413,103$486,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$72,897$0
Funding fee$2,066$2,066$0
Note rate2.650%2.650%7.320%
Blended rate2.650%3.602%7.560%
1st payment$1,907.16$1,907.16$3,338.48
2nd payment$0.00$546.73$0.00
Taxes / mo$651.83$651.83$651.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$36.33$36.33$36.33
Total monthly$2,761.99$3,308.71$4,290.51
Cash to close$126,897$54,000$54,000