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$432,562$432,562$436,410
Remaining term (yrs)28.928.930.0
Secondary amount$0$28,093$0
Funding fee$2,163$2,163$0
Note rate6.580%6.580%7.320%
Blended rate6.580%6.903%7.560%
1st payment$2,784.91$2,784.91$2,997.83
2nd payment$0.00$278.01$0.00
Taxes / mo$203.00$203.00$203.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.28
HOA / mo$0.00$0.00$0.00
Total monthly$3,154.57$3,432.58$3,454.78
Cash to close$52,338$24,245$48,490