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$437,860$437,860$513,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$75,140$0
Funding fee$2,189$2,189$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.319%7.640%
1st payment$3,007.91$3,007.91$3,551.91
2nd payment$0.00$563.55$0.00
Taxes / mo$475.00$475.00$475.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,649.58$4,213.13$4,296.18
Cash to close$132,140$57,000$57,000