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$435,392$435,392$445,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$34,858$0
Funding fee$2,177$2,177$0
Note rate6.720%6.720%7.320%
Blended rate6.720%7.102%7.560%
1st payment$2,845.77$2,845.77$3,060.28
2nd payment$0.00$344.95$0.00
Taxes / mo$131.58$131.58$131.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,144.02$3,488.97$3,447.63
Cash to close$59,608$24,750$49,500