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$444,781$444,781$476,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$31,319$0
Funding fee$2,224$2,224$0
Note rate3.890%3.890%7.400%
Blended rate3.890%4.226%7.640%
1st payment$2,289.52$2,289.52$3,296.42
2nd payment$0.00$234.89$0.00
Taxes / mo$230.50$230.50$230.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.22
HOA / mo$42.00$42.00$42.00
Total monthly$2,728.69$2,963.58$3,830.81
Cash to close$84,219$52,900$52,900