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$441,593$441,593$477,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$35,407$0
Funding fee$2,208$2,208$0
Note rate6.220%6.220%7.400%
Blended rate6.220%6.426%7.640%
1st payment$2,734.33$2,734.33$3,302.65
2nd payment$0.00$265.55$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$40.00$40.00$40.00
Total monthly$3,382.67$3,648.22$4,046.38
Cash to close$88,407$53,000$53,000