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$425,328$425,328$431,999
Remaining term (yrs)27.727.730.0
Secondary amount$0$30,671$0
Funding fee$2,127$2,127$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.533%7.640%
1st payment$2,957.95$2,957.95$2,991.07
2nd payment$0.00$303.52$0.00
Taxes / mo$400.00$400.00$400.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,524.62$3,828.14$3,644.14
Cash to close$54,671$24,000$48,000