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$411,609$411,609$467,910
Remaining term (yrs)29.129.130.0
Secondary amount$0$56,301$0
Funding fee$2,058$2,058$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.555%7.640%
1st payment$2,548.67$2,548.67$3,239.71
2nd payment$0.00$422.26$0.00
Taxes / mo$433.25$433.25$433.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.58
HOA / mo$420.00$420.00$420.00
Total monthly$3,568.59$3,990.85$4,353.21
Cash to close$108,291$51,990$51,990