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$429,952$429,952$436,455
Remaining term (yrs)27.627.630.0
Secondary amount$0$30,750$0
Funding fee$2,150$2,150$0
Note rate7.020%7.020%7.320%
Blended rate7.020%7.344%7.560%
1st payment$2,936.16$2,936.16$2,998.14
2nd payment$0.00$304.30$0.00
Taxes / mo$404.13$404.13$404.13
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.29
HOA / mo$0.00$0.00$0.00
Total monthly$3,506.95$3,811.25$3,656.23
Cash to close$54,998$24,248$48,495