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$446,387$446,387$512,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$66,523$0
Funding fee$2,232$2,232$0
Note rate4.275%4.275%7.400%
Blended rate4.275%4.888%7.640%
1st payment$2,397.95$2,397.95$3,551.29
2nd payment$0.00$498.92$0.00
Taxes / mo$505.42$505.42$505.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$25.00$25.00$25.00
Total monthly$3,095.03$3,593.95$4,350.95
Cash to close$123,513$56,990$56,990