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$433,077$433,077$494,999
Remaining term (yrs)25.925.930.0
Secondary amount$0$61,922$0
Funding fee$2,165$2,165$0
Note rate5.300%5.300%7.400%
Blended rate5.300%5.763%7.640%
1st payment$2,560.07$2,560.07$3,427.27
2nd payment$0.00$464.41$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,185.06$3,649.48$4,151.27
Cash to close$116,922$55,000$55,000