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$457,339$457,339$517,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$60,071$0
Funding fee$2,287$2,287$0
Note rate6.770%6.770%7.320%
Blended rate6.770%7.029%7.560%
1st payment$3,054.66$3,054.66$3,554.25
2nd payment$0.00$450.53$0.00
Taxes / mo$479.08$479.08$479.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$29.17$29.17$29.17
Total monthly$3,729.58$4,180.12$4,332.65
Cash to close$117,561$57,490$57,490