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$426,587$426,587$431,010
Remaining term (yrs)26.426.430.0
Secondary amount$0$28,368$0
Funding fee$2,133$2,133$0
Note rate6.500%6.500%7.320%
Blended rate6.500%6.835%7.560%
1st payment$2,812.70$2,812.70$2,960.74
2nd payment$0.00$280.73$0.00
Taxes / mo$11.17$11.17$11.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.20
HOA / mo$17.50$17.50$17.50
Total monthly$3,008.04$3,288.76$3,242.28
Cash to close$52,313$23,945$47,890