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$458,664$458,664$458,550
Remaining term (yrs)28.928.930.0
Secondary amount$0$25,361$0
Funding fee$2,293$2,293$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.639%7.640%
1st payment$2,887.17$2,887.17$3,174.91
2nd payment$0.00$250.96$0.00
Taxes / mo$271.75$271.75$271.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.71
HOA / mo$0.00$0.00$0.00
Total monthly$3,325.59$3,576.55$3,705.03
Cash to close$50,836$25,475$50,950