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$391,114$391,114$413,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$45,791$0
Funding fee$1,956$1,956$0
Note rate4.170%4.170%7.320%
Blended rate4.170%4.978%7.560%
1st payment$2,070.39$2,070.39$2,843.27
2nd payment$0.00$453.14$0.00
Taxes / mo$383.25$383.25$383.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,620.30$3,073.44$3,475.97
Cash to close$68,786$22,995$45,990