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$405,116$405,116$409,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$27,134$0
Funding fee$2,026$2,026$0
Note rate7.030%7.030%7.320%
Blended rate7.030%7.334%7.560%
1st payment$2,782.97$2,782.97$2,812.98
2nd payment$0.00$268.52$0.00
Taxes / mo$379.17$379.17$379.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$29.17$29.17$29.17
Total monthly$3,357.98$3,626.49$3,469.88
Cash to close$49,884$22,750$45,500