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$423,461$423,461$449,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$25,639$0
Funding fee$2,117$2,117$0
Note rate6.370%6.370%7.400%
Blended rate6.370%6.520%7.640%
1st payment$2,652.89$2,652.89$3,109.48
2nd payment$0.00$192.29$0.00
Taxes / mo$332.83$332.83$332.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,152.39$3,344.68$3,698.80
Cash to close$75,539$49,900$49,900