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$433,871$433,871$481,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$47,629$0
Funding fee$2,169$2,169$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.225%7.640%
1st payment$2,962.89$2,962.89$3,333.81
2nd payment$0.00$357.22$0.00
Taxes / mo$249.92$249.92$249.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,379.48$3,736.69$3,846.69
Cash to close$101,129$53,500$53,500