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$453,695$453,695$508,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$54,805$0
Funding fee$2,268$2,268$0
Note rate6.390%6.390%7.320%
Blended rate6.390%6.671%7.560%
1st payment$2,949.30$2,949.30$3,493.04
2nd payment$0.00$411.04$0.00
Taxes / mo$470.83$470.83$470.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$428.00$428.00$428.00
Total monthly$4,014.80$4,425.84$4,660.24
Cash to close$111,305$56,500$56,500