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$447,187$447,187$449,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,718$0
Funding fee$2,236$2,236$0
Note rate6.200%6.200%7.320%
Blended rate6.200%6.531%7.560%
1st payment$2,807.42$2,807.42$3,090.57
2nd payment$0.00$274.29$0.00
Taxes / mo$183.67$183.67$183.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$115.00$115.00$115.00
Total monthly$3,272.75$3,547.04$3,645.88
Cash to close$52,713$24,995$49,990