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$448,155$448,155$531,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$82,845$0
Funding fee$2,241$2,241$0
Note rate7.040%7.040%7.320%
Blended rate7.040%7.346%7.560%
1st payment$3,046.04$3,046.04$3,647.60
2nd payment$0.00$621.34$0.00
Taxes / mo$520.67$520.67$520.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$38.00$38.00$38.00
Total monthly$3,771.37$4,392.71$4,479.13
Cash to close$141,845$59,000$59,000