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$387,823$387,823$427,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$39,677$0
Funding fee$1,939$1,939$0
Note rate3.690%3.690%7.400%
Blended rate3.690%4.183%7.640%
1st payment$1,953.80$1,953.80$2,959.92
2nd payment$0.00$297.58$0.00
Taxes / mo$285.83$285.83$285.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,406.30$2,703.88$3,497.92
Cash to close$87,177$47,500$47,500