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$418,186$418,186$421,920
Remaining term (yrs)25.625.630.0
Secondary amount$0$27,174$0
Funding fee$2,091$2,091$0
Note rate4.420%4.420%7.400%
Blended rate4.420%4.875%7.640%
1st payment$2,268.78$2,268.78$2,921.29
2nd payment$0.00$268.91$0.00
Taxes / mo$390.67$390.67$390.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.38
HOA / mo$510.00$510.00$510.00
Total monthly$3,336.12$3,605.03$4,073.01
Cash to close$50,614$23,440$46,880