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$432,870$432,870$512,969
Remaining term (yrs)25.825.830.0
Secondary amount$0$80,099$0
Funding fee$2,164$2,164$0
Note rate5.810%5.810%7.400%
Blended rate5.810%6.308%7.640%
1st payment$2,696.12$2,696.12$3,551.69
2nd payment$0.00$600.74$0.00
Taxes / mo$474.97$474.97$474.97
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.59
HOA / mo$550.00$550.00$550.00
Total monthly$3,887.76$4,488.50$4,845.92
Cash to close$137,095$56,997$56,997