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$453,036$453,036$616,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$163,374$0
Funding fee$2,265$2,265$0
Note rate2.900%2.900%7.400%
Blended rate2.900%4.252%7.640%
1st payment$2,129.70$2,129.70$4,267.90
2nd payment$0.00$1,089.16$0.00
Taxes / mo$223.00$223.00$223.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.28
HOA / mo$105.00$105.00$105.00
Total monthly$2,624.37$3,713.53$4,885.85
Cash to close$231,864$68,490$68,490