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$430,983$430,983$516,600
Remaining term (yrs)28.028.030.0
Secondary amount$0$85,617$0
Funding fee$2,155$2,155$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.572%7.560%
1st payment$2,669.59$2,669.59$3,548.68
2nd payment$0.00$642.13$0.00
Taxes / mo$131.08$131.08$131.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.32
HOA / mo$0.00$0.00$0.00
Total monthly$2,967.34$3,609.46$3,949.75
Cash to close$143,017$57,400$57,400