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$403,120$403,120$440,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$36,980$0
Funding fee$2,016$2,016$0
Note rate4.160%4.160%7.320%
Blended rate4.160%4.567%7.560%
1st payment$2,131.68$2,131.68$3,023.18
2nd payment$0.00$277.35$0.00
Taxes / mo$387.50$387.50$387.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,685.85$2,963.20$3,665.37
Cash to close$85,880$48,900$48,900