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$467,297$467,297$480,600
Remaining term (yrs)27.327.330.0
Secondary amount$0$40,003$0
Funding fee$2,336$2,336$0
Note rate6.670%6.670%7.400%
Blended rate6.670%7.080%7.640%
1st payment$3,097.44$3,097.44$3,327.58
2nd payment$0.00$395.87$0.00
Taxes / mo$15.50$15.50$15.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.12
HOA / mo$0.00$0.00$0.00
Total monthly$3,279.60$3,675.47$3,605.86
Cash to close$66,703$26,700$53,400