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$431,106$431,106$472,410
Remaining term (yrs)29.029.030.0
Secondary amount$0$41,304$0
Funding fee$2,156$2,156$0
Note rate6.350%6.350%7.400%
Blended rate6.350%6.582%7.640%
1st payment$2,708.31$2,708.31$3,270.87
2nd payment$0.00$309.78$0.00
Taxes / mo$164.83$164.83$164.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,039.81$3,349.59$3,696.85
Cash to close$93,794$52,490$52,490