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$446,883$446,883$458,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$36,667$0
Funding fee$2,234$2,234$0
Note rate6.310%6.310%7.400%
Blended rate6.310%6.732%7.640%
1st payment$2,899.84$2,899.84$3,171.79
2nd payment$0.00$362.85$0.00
Taxes / mo$200.92$200.92$200.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,267.43$3,630.28$3,631.00
Cash to close$62,117$25,450$50,900