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$432,101$432,101$516,600
Remaining term (yrs)28.028.030.0
Secondary amount$0$84,499$0
Funding fee$2,161$2,161$0
Note rate6.730%6.730%7.320%
Blended rate6.730%7.101%7.560%
1st payment$2,854.46$2,854.46$3,548.68
2nd payment$0.00$633.74$0.00
Taxes / mo$131.17$131.17$131.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.32
HOA / mo$0.00$0.00$0.00
Total monthly$3,152.29$3,786.03$3,949.84
Cash to close$141,899$57,400$57,400