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$432,612$432,612$445,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$37,638$0
Funding fee$2,163$2,163$0
Note rate3.560%3.560%7.320%
Blended rate3.560%4.226%7.560%
1st payment$2,148.90$2,148.90$3,060.28
2nd payment$0.00$372.46$0.00
Taxes / mo$412.50$412.50$412.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$649.00$649.00$649.00
Total monthly$3,377.07$3,749.53$4,377.54
Cash to close$62,388$24,750$49,500