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$442,225$442,225$481,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$39,275$0
Funding fee$2,211$2,211$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.493%7.640%
1st payment$2,752.52$2,752.52$3,333.81
2nd payment$0.00$294.56$0.00
Taxes / mo$437.92$437.92$437.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$3.75$3.75$3.75
Total monthly$3,360.85$3,655.42$4,038.44
Cash to close$92,775$53,500$53,500