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$450,356$450,356$495,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$44,644$0
Funding fee$2,252$2,252$0
Note rate6.440%6.440%7.400%
Blended rate6.440%6.671%7.640%
1st payment$2,887.34$2,887.34$3,427.28
2nd payment$0.00$334.83$0.00
Taxes / mo$154.83$154.83$154.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$27.08$27.08$27.08
Total monthly$3,235.92$3,570.76$3,874.86
Cash to close$99,644$55,000$55,000