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$405,817$405,817$418,410
Remaining term (yrs)26.926.930.0
Secondary amount$0$35,838$0
Funding fee$2,029$2,029$0
Note rate7.120%7.120%7.320%
Blended rate7.120%7.506%7.560%
1st payment$2,820.22$2,820.22$2,874.19
2nd payment$0.00$354.65$0.00
Taxes / mo$495.92$495.92$495.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.68
HOA / mo$0.00$0.00$0.00
Total monthly$3,482.80$3,837.46$3,620.45
Cash to close$59,083$23,245$46,490