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$428,329$428,329$508,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$80,171$0
Funding fee$2,142$2,142$0
Note rate3.760%3.760%7.400%
Blended rate3.760%4.586%7.640%
1st payment$2,170.04$2,170.04$3,520.75
2nd payment$0.00$601.28$0.00
Taxes / mo$332.25$332.25$332.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$18.00$18.00$18.00
Total monthly$2,686.95$3,288.24$4,139.37
Cash to close$136,671$56,500$56,500