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$438,901$438,901$441,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$26,599$0
Funding fee$2,195$2,195$0
Note rate7.180%7.180%7.400%
Blended rate7.180%7.448%7.640%
1st payment$3,067.42$3,067.42$3,053.39
2nd payment$0.00$263.22$0.00
Taxes / mo$310.58$310.58$310.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$20.00$20.00$20.00
Total monthly$3,564.67$3,827.90$3,638.84
Cash to close$51,099$24,500$49,000