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$429,553$429,553$459,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$29,447$0
Funding fee$2,148$2,148$0
Note rate6.270%6.270%7.320%
Blended rate6.270%6.445%7.560%
1st payment$2,776.58$2,776.58$3,153.01
2nd payment$0.00$220.85$0.00
Taxes / mo$300.83$300.83$300.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,244.08$3,464.94$3,712.31
Cash to close$80,447$51,000$51,000