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$425,746$425,746$561,330
Remaining term (yrs)25.425.430.0
Secondary amount$0$135,584$0
Funding fee$2,129$2,129$0
Note rate3.920%3.920%7.320%
Blended rate3.920%4.905%7.560%
1st payment$2,198.59$2,198.59$3,855.95
2nd payment$0.00$903.90$0.00
Taxes / mo$58.92$58.92$58.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.27
HOA / mo$0.00$0.00$0.00
Total monthly$2,424.17$3,328.07$4,193.80
Cash to close$197,954$62,370$62,370