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$432,672$432,672$503,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$70,428$0
Funding fee$2,163$2,163$0
Note rate6.430%6.430%7.400%
Blended rate6.430%6.790%7.640%
1st payment$2,823.62$2,823.62$3,483.36
2nd payment$0.00$528.21$0.00
Taxes / mo$950.42$950.42$950.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.62
HOA / mo$150.00$150.00$150.00
Total monthly$4,090.71$4,618.92$4,851.07
Cash to close$126,328$55,900$55,900