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$419,234$419,234$558,000
Remaining term (yrs)25.825.830.0
Secondary amount$0$138,766$0
Funding fee$2,096$2,096$0
Note rate5.090%5.090%7.320%
Blended rate5.090%5.814%7.560%
1st payment$2,429.66$2,429.66$3,833.07
2nd payment$0.00$925.10$0.00
Taxes / mo$245.25$245.25$245.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$145.00$145.00$145.00
Total monthly$2,986.58$3,911.68$4,501.59
Cash to close$200,766$62,000$62,000