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$455,575$455,575$482,850
Remaining term (yrs)26.526.530.0
Secondary amount$0$27,275$0
Funding fee$2,278$2,278$0
Note rate5.125%5.125%7.320%
Blended rate5.125%5.344%7.560%
1st payment$2,614.11$2,614.11$3,316.84
2nd payment$0.00$204.56$0.00
Taxes / mo$606.17$606.17$606.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.57
HOA / mo$73.67$73.67$73.67
Total monthly$3,460.61$3,665.17$4,259.92
Cash to close$80,925$53,650$53,650