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$450,415$450,415$503,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$53,495$0
Funding fee$2,252$2,252$0
Note rate6.230%6.230%7.400%
Blended rate6.230%6.524%7.640%
1st payment$2,789.07$2,789.07$3,488.97
2nd payment$0.00$401.21$0.00
Taxes / mo$443.83$443.83$443.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.78
HOA / mo$72.50$72.50$72.50
Total monthly$3,472.07$3,873.28$4,272.75
Cash to close$109,485$55,990$55,990