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$426,158$426,158$463,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$37,342$0
Funding fee$2,131$2,131$0
Note rate7.310%7.310%7.400%
Blended rate7.310%7.446%7.640%
1st payment$3,006.11$3,006.11$3,209.18
2nd payment$0.00$280.06$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$415.00$415.00$415.00
Total monthly$4,016.95$4,297.01$4,312.71
Cash to close$88,842$51,500$51,500