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$411,912$411,912$418,500
Remaining term (yrs)29.629.630.0
Secondary amount$0$29,838$0
Funding fee$2,060$2,060$0
Note rate6.520%6.520%7.320%
Blended rate6.520%6.882%7.560%
1st payment$2,616.09$2,616.09$2,874.80
2nd payment$0.00$295.27$0.00
Taxes / mo$196.92$196.92$196.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$74.00$74.00$74.00
Total monthly$3,053.67$3,348.94$3,396.09
Cash to close$53,088$23,250$46,500