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$434,845$434,845$479,700
Remaining term (yrs)25.725.730.0
Secondary amount$0$44,855$0
Funding fee$2,174$2,174$0
Note rate5.090%5.090%7.400%
Blended rate5.090%5.456%7.640%
1st payment$2,524.06$2,524.06$3,321.35
2nd payment$0.00$336.41$0.00
Taxes / mo$151.75$151.75$151.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.94
HOA / mo$135.00$135.00$135.00
Total monthly$2,977.47$3,313.88$3,870.70
Cash to close$98,155$53,300$53,300