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$430,090$430,090$445,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$40,160$0
Funding fee$2,150$2,150$0
Note rate6.010%6.010%7.320%
Blended rate6.010%6.511%7.560%
1st payment$2,597.05$2,597.05$3,060.28
2nd payment$0.00$397.42$0.00
Taxes / mo$188.08$188.08$188.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,951.80$3,349.22$3,504.13
Cash to close$64,910$24,750$49,500