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$448,155$448,155$508,050
Remaining term (yrs)28.228.230.0
Secondary amount$0$59,895$0
Funding fee$2,241$2,241$0
Note rate7.040%7.040%7.320%
Blended rate7.040%7.271%7.560%
1st payment$3,046.04$3,046.04$3,489.95
2nd payment$0.00$449.21$0.00
Taxes / mo$520.67$520.67$520.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.61
HOA / mo$38.00$38.00$38.00
Total monthly$3,771.37$4,220.59$4,316.89
Cash to close$116,345$56,450$56,450