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$446,905$446,905$495,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$48,095$0
Funding fee$2,235$2,235$0
Note rate6.090%6.090%7.320%
Blended rate6.090%6.373%7.560%
1st payment$2,765.13$2,765.13$3,400.31
2nd payment$0.00$360.71$0.00
Taxes / mo$185.58$185.58$185.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,117.38$3,478.09$3,851.56
Cash to close$103,095$55,000$55,000