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$429,121$429,121$432,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$26,879$0
Funding fee$2,146$2,146$0
Note rate6.560%6.560%7.320%
Blended rate6.560%6.873%7.560%
1st payment$2,757.14$2,757.14$2,967.54
2nd payment$0.00$265.99$0.00
Taxes / mo$33.33$33.33$33.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,957.14$3,223.13$3,253.94
Cash to close$50,879$24,000$48,000