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$441,730$441,730$472,410
Remaining term (yrs)28.228.230.0
Secondary amount$0$30,680$0
Funding fee$2,209$2,209$0
Note rate6.690%6.690%7.400%
Blended rate6.690%6.840%7.640%
1st payment$2,900.77$2,900.77$3,270.87
2nd payment$0.00$230.10$0.00
Taxes / mo$335.67$335.67$335.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,403.10$3,633.20$3,867.69
Cash to close$83,170$52,490$52,490