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$425,366$425,366$449,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$49,539$0
Funding fee$2,127$2,127$0
Note rate4.000%4.000%7.400%
Blended rate4.000%4.821%7.640%
1st payment$2,203.16$2,203.16$3,115.09
2nd payment$0.00$490.23$0.00
Taxes / mo$366.90$366.90$366.90
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$62.00$62.00$62.00
Total monthly$2,798.73$3,288.96$3,800.63
Cash to close$74,534$24,995$49,990