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$447,907$447,907$517,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$69,593$0
Funding fee$2,240$2,240$0
Note rate3.180%3.180%7.400%
Blended rate3.180%3.963%7.640%
1st payment$2,185.38$2,185.38$3,583.07
2nd payment$0.00$521.95$0.00
Taxes / mo$271.33$271.33$271.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,623.38$3,145.33$4,124.57
Cash to close$127,093$57,500$57,500