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$430,056$430,056$449,010
Remaining term (yrs)29.329.330.0
Secondary amount$0$43,899$0
Funding fee$2,150$2,150$0
Note rate6.210%6.210%7.400%
Blended rate6.210%6.735%7.640%
1st payment$2,654.80$2,654.80$3,108.85
2nd payment$0.00$434.41$0.00
Taxes / mo$42.75$42.75$42.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.80
HOA / mo$265.00$265.00$265.00
Total monthly$3,129.22$3,563.63$3,673.07
Cash to close$68,844$24,945$49,890