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$425,671$425,671$468,000
Remaining term (yrs)25.525.530.0
Secondary amount$0$42,329$0
Funding fee$2,128$2,128$0
Note rate3.850%3.850%7.320%
Blended rate3.850%4.316%7.560%
1st payment$2,177.61$2,177.61$3,214.84
2nd payment$0.00$317.47$0.00
Taxes / mo$218.50$218.50$218.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$45.00$45.00$45.00
Total monthly$2,607.78$2,925.25$3,738.60
Cash to close$94,329$52,000$52,000