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$398,412$398,412$517,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$119,088$0
Funding fee$1,992$1,992$0
Note rate3.760%3.760%7.320%
Blended rate3.760%4.736%7.560%
1st payment$2,022.38$2,022.38$3,554.87
2nd payment$0.00$793.92$0.00
Taxes / mo$165.17$165.17$165.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$17.50$17.50$17.50
Total monthly$2,371.72$3,165.63$4,007.70
Cash to close$176,588$57,500$57,500