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$420,446$420,446$445,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$25,054$0
Funding fee$2,102$2,102$0
Note rate6.110%6.110%7.400%
Blended rate6.110%6.273%7.640%
1st payment$2,685.91$2,685.91$3,084.55
2nd payment$0.00$187.91$0.00
Taxes / mo$433.75$433.75$433.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$85.00$85.00$85.00
Total monthly$3,371.33$3,559.24$3,859.07
Cash to close$74,554$49,500$49,500