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$439,448$439,448$450,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$35,552$0
Funding fee$2,197$2,197$0
Note rate6.470%6.470%7.400%
Blended rate6.470%6.875%7.640%
1st payment$2,834.80$2,834.80$3,115.71
2nd payment$0.00$351.81$0.00
Taxes / mo$407.83$407.83$407.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$75.00$75.00$75.00
Total monthly$3,484.30$3,836.12$3,855.21
Cash to close$60,552$25,000$50,000