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$403,802$403,802$427,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$47,353$0
Funding fee$2,019$2,019$0
Note rate5.410%5.410%7.400%
Blended rate5.410%6.089%7.640%
1st payment$2,410.10$2,410.10$2,959.30
2nd payment$0.00$468.60$0.00
Taxes / mo$322.67$322.67$322.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$30.00$30.00$30.00
Total monthly$2,929.43$3,398.03$3,564.12
Cash to close$71,098$23,745$47,490