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$437,992$437,992$517,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$79,508$0
Funding fee$2,190$2,190$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.378%7.640%
1st payment$2,455.73$2,455.73$3,583.07
2nd payment$0.00$596.31$0.00
Taxes / mo$184.83$184.83$184.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$220.00$220.00$220.00
Total monthly$3,027.23$3,623.54$4,258.07
Cash to close$137,008$57,500$57,500