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$413,555$413,555$449,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$36,355$0
Funding fee$2,068$2,068$0
Note rate3.920%3.920%7.320%
Blended rate3.920%4.330%7.560%
1st payment$2,135.63$2,135.63$3,090.57
2nd payment$0.00$272.67$0.00
Taxes / mo$475.46$475.46$475.46
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$141.33$141.33$141.33
Total monthly$2,919.09$3,191.75$3,964.00
Cash to close$86,345$49,990$49,990