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$430,437$430,437$440,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$34,968$0
Funding fee$2,152$2,152$0
Note rate4.420%4.420%7.400%
Blended rate4.420%4.980%7.640%
1st payment$2,347.56$2,347.56$3,052.77
2nd payment$0.00$346.04$0.00
Taxes / mo$516.08$516.08$516.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.18
HOA / mo$32.08$32.08$32.08
Total monthly$3,062.39$3,408.43$3,855.78
Cash to close$59,463$24,495$48,990