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$436,220$436,220$472,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$36,280$0
Funding fee$2,181$2,181$0
Note rate6.220%6.220%7.320%
Blended rate6.220%6.433%7.560%
1st payment$2,695.67$2,695.67$3,245.75
2nd payment$0.00$272.10$0.00
Taxes / mo$345.67$345.67$345.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,208.00$3,480.10$3,852.58
Cash to close$88,780$52,500$52,500