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$472,388$472,388$517,950
Remaining term (yrs)25.425.430.0
Secondary amount$0$45,562$0
Funding fee$2,362$2,362$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.221%7.560%
1st payment$2,397.89$2,397.89$3,557.96
2nd payment$0.00$341.71$0.00
Taxes / mo$193.17$193.17$193.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.59
HOA / mo$62.00$62.00$62.00
Total monthly$2,819.72$3,161.44$4,083.38
Cash to close$103,112$57,550$57,550