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$436,615$436,615$450,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$38,385$0
Funding fee$2,183$2,183$0
Note rate6.310%6.310%7.320%
Blended rate6.310%6.760%7.560%
1st payment$2,833.22$2,833.22$3,091.19
2nd payment$0.00$379.85$0.00
Taxes / mo$292.83$292.83$292.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$2.00$2.00$2.00
Total monthly$3,294.72$3,674.56$3,642.69
Cash to close$63,385$25,000$50,000