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$455,888$455,888$495,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$39,112$0
Funding fee$2,279$2,279$0
Note rate6.430%6.430%7.400%
Blended rate6.430%6.633%7.640%
1st payment$2,978.61$2,978.61$3,427.28
2nd payment$0.00$293.34$0.00
Taxes / mo$528.00$528.00$528.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$275.00$275.00$275.00
Total monthly$3,948.27$4,241.62$4,495.95
Cash to close$94,112$55,000$55,000