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$434,330$434,330$494,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$60,580$0
Funding fee$2,172$2,172$0
Note rate6.310%6.310%7.320%
Blended rate6.310%6.639%7.560%
1st payment$2,814.94$2,814.94$3,399.69
2nd payment$0.00$454.35$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$42.00$42.00$42.00
Total monthly$3,481.85$3,936.21$4,165.59
Cash to close$115,570$54,990$54,990