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$383,843$383,843$427,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$43,657$0
Funding fee$1,919$1,919$0
Note rate4.980%4.980%7.320%
Blended rate4.980%5.391%7.560%
1st payment$2,206.67$2,206.67$2,936.63
2nd payment$0.00$327.43$0.00
Taxes / mo$202.75$202.75$202.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,576.09$2,903.52$3,391.55
Cash to close$91,157$47,500$47,500