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$449,379$449,379$467,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$44,620$0
Funding fee$2,247$2,247$0
Note rate6.220%6.220%7.320%
Blended rate6.220%6.731%7.560%
1st payment$2,779.75$2,779.75$3,214.83
2nd payment$0.00$441.55$0.00
Taxes / mo$183.17$183.17$183.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,129.59$3,571.14$3,658.26
Cash to close$70,620$26,000$52,000