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$411,817$411,817$439,999
Remaining term (yrs)25.825.830.0
Secondary amount$0$28,182$0
Funding fee$2,059$2,059$0
Note rate5.520%5.520%7.400%
Blended rate5.520%5.743%7.640%
1st payment$2,492.41$2,492.41$3,046.47
2nd payment$0.00$211.37$0.00
Taxes / mo$407.41$407.41$407.41
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,066.49$3,277.86$3,708.54
Cash to close$77,071$48,889$48,889