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$484,931$484,931$548,010
Remaining term (yrs)25.425.430.0
Secondary amount$0$63,079$0
Funding fee$2,425$2,425$0
Note rate3.450%3.450%7.400%
Blended rate3.450%4.089%7.640%
1st payment$2,384.88$2,384.88$3,794.31
2nd payment$0.00$473.10$0.00
Taxes / mo$507.42$507.42$507.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,058.96$3,532.06$4,578.00
Cash to close$123,969$60,890$60,890