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$434,744$434,744$445,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$35,506$0
Funding fee$2,174$2,174$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.684%7.640%
1st payment$2,705.85$2,705.85$3,084.55
2nd payment$0.00$351.36$0.00
Taxes / mo$412.50$412.50$412.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$102.00$102.00$102.00
Total monthly$3,387.02$3,738.39$3,854.82
Cash to close$60,256$24,750$49,500