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$435,652$435,652$449,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$38,398$0
Funding fee$2,178$2,178$0
Note rate6.610%6.610%7.400%
Blended rate6.610%7.036%7.640%
1st payment$2,870.83$2,870.83$3,109.48
2nd payment$0.00$379.98$0.00
Taxes / mo$667.25$667.25$667.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$189.00$189.00$189.00
Total monthly$3,893.74$4,273.72$4,222.21
Cash to close$63,348$24,950$49,900