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$443,691$443,691$477,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$33,309$0
Funding fee$2,218$2,218$0
Note rate6.640%6.640%7.320%
Blended rate6.640%6.805%7.560%
1st payment$2,929.24$2,929.24$3,276.66
2nd payment$0.00$249.82$0.00
Taxes / mo$441.67$441.67$441.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$199.00$199.00$199.00
Total monthly$3,736.58$3,986.40$4,179.39
Cash to close$86,309$53,000$53,000