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$417,484$417,484$422,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,921$0
Funding fee$2,087$2,087$0
Note rate6.340%6.340%7.320%
Blended rate6.340%6.699%7.560%
1st payment$2,703.88$2,703.88$2,905.10
2nd payment$0.00$286.20$0.00
Taxes / mo$262.58$262.58$262.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.58
HOA / mo$135.00$135.00$135.00
Total monthly$3,268.13$3,554.33$3,553.93
Cash to close$52,416$23,495$46,990