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$441,037$441,037$449,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$33,868$0
Funding fee$2,205$2,205$0
Note rate5.220%5.220%7.320%
Blended rate5.220%5.695%7.560%
1st payment$2,586.08$2,586.08$3,090.57
2nd payment$0.00$335.15$0.00
Taxes / mo$234.92$234.92$234.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$16.67$16.67$16.67
Total monthly$3,004.33$3,339.48$3,598.80
Cash to close$58,863$24,995$49,990