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$460,379$460,379$490,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$30,121$0
Funding fee$2,302$2,302$0
Note rate6.940%6.940%7.320%
Blended rate6.940%7.067%7.560%
1st payment$3,179.49$3,179.49$3,369.39
2nd payment$0.00$225.91$0.00
Taxes / mo$454.17$454.17$454.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$680.00$680.00$680.00
Total monthly$4,480.32$4,706.23$4,768.33
Cash to close$84,621$54,500$54,500