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$407,529$407,529$508,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$100,881$0
Funding fee$2,038$2,038$0
Note rate5.230%5.230%7.320%
Blended rate5.230%5.780%7.560%
1st payment$2,395.65$2,395.65$3,492.42
2nd payment$0.00$672.54$0.00
Taxes / mo$553.17$553.17$553.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.68
HOA / mo$161.00$161.00$161.00
Total monthly$3,276.48$3,949.02$4,474.94
Cash to close$157,371$56,490$56,490