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$441,847$441,847$566,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$124,253$0
Funding fee$2,209$2,209$0
Note rate7.180%7.180%7.400%
Blended rate7.180%7.360%7.640%
1st payment$3,088.02$3,088.02$3,919.56
2nd payment$0.00$828.35$0.00
Taxes / mo$602.58$602.58$602.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$205.00$205.00$205.00
Total monthly$4,062.27$4,890.62$5,007.03
Cash to close$187,153$62,900$62,900