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$434,862$434,862$485,820
Remaining term (yrs)26.226.230.0
Secondary amount$0$50,958$0
Funding fee$2,174$2,174$0
Note rate6.490%6.490%7.320%
Blended rate6.490%6.753%7.560%
1st payment$2,874.72$2,874.72$3,337.25
2nd payment$0.00$382.18$0.00
Taxes / mo$289.83$289.83$289.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.16
HOA / mo$22.00$22.00$22.00
Total monthly$3,353.22$3,735.41$3,912.91
Cash to close$104,938$53,980$53,980