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$472,936$472,936$513,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$40,064$0
Funding fee$2,365$2,365$0
Note rate6.960%6.960%7.320%
Blended rate6.960%7.119%7.560%
1st payment$3,180.57$3,180.57$3,523.95
2nd payment$0.00$300.48$0.00
Taxes / mo$537.67$537.67$537.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,884.90$4,185.38$4,330.89
Cash to close$97,064$57,000$57,000