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$436,493$436,493$517,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$81,007$0
Funding fee$2,182$2,182$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.390%7.640%
1st payment$2,443.25$2,443.25$3,583.07
2nd payment$0.00$607.55$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$495.00$495.00$495.00
Total monthly$3,584.08$4,191.63$4,827.40
Cash to close$138,507$57,500$57,500