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$455,467$455,467$553,410
Remaining term (yrs)27.727.730.0
Secondary amount$0$97,943$0
Funding fee$2,277$2,277$0
Note rate7.030%7.030%7.400%
Blended rate7.030%7.379%7.640%
1st payment$3,110.37$3,110.37$3,831.70
2nd payment$0.00$734.57$0.00
Taxes / mo$161.75$161.75$161.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.68
HOA / mo$76.67$76.67$76.67
Total monthly$3,515.46$4,250.03$4,347.47
Cash to close$159,433$61,490$61,490