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$437,473$437,473$485,910
Remaining term (yrs)29.829.830.0
Secondary amount$0$48,437$0
Funding fee$2,187$2,187$0
Note rate4.990%4.990%7.400%
Blended rate4.990%5.390%7.640%
1st payment$2,348.60$2,348.60$3,364.34
2nd payment$0.00$363.28$0.00
Taxes / mo$182.17$182.17$182.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,697.44$3,060.72$3,810.36
Cash to close$102,427$53,990$53,990