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$430,257$430,257$436,410
Remaining term (yrs)26.926.930.0
Secondary amount$0$30,398$0
Funding fee$2,151$2,151$0
Note rate6.780%6.780%7.400%
Blended rate6.780%7.116%7.640%
1st payment$2,897.95$2,897.95$3,021.61
2nd payment$0.00$300.81$0.00
Taxes / mo$152.00$152.00$152.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.28
HOA / mo$0.00$0.00$0.00
Total monthly$3,216.61$3,517.42$3,427.56
Cash to close$54,643$24,245$48,490