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$444,250$444,250$477,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$32,750$0
Funding fee$2,221$2,221$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.532%7.560%
1st payment$2,790.88$2,790.88$3,276.66
2nd payment$0.00$245.63$0.00
Taxes / mo$370.07$370.07$370.07
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,327.62$3,573.25$3,908.80
Cash to close$85,750$53,000$53,000