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$432,312$432,312$449,010
Remaining term (yrs)25.425.430.0
Secondary amount$0$41,643$0
Funding fee$2,162$2,162$0
Note rate3.550%3.550%7.400%
Blended rate3.550%4.281%7.640%
1st payment$2,149.38$2,149.38$3,108.85
2nd payment$0.00$412.10$0.00
Taxes / mo$235.08$235.08$235.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,551.13$2,963.23$3,600.41
Cash to close$66,588$24,945$49,890