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$465,774$465,774$467,991
Remaining term (yrs)26.426.430.0
Secondary amount$0$28,217$0
Funding fee$2,329$2,329$0
Note rate6.120%6.120%7.400%
Blended rate6.120%6.449%7.640%
1st payment$2,963.23$2,963.23$3,240.28
2nd payment$0.00$279.23$0.00
Taxes / mo$541.89$541.89$541.89
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$60.33$60.33$60.33
Total monthly$3,732.12$4,011.34$4,102.76
Cash to close$54,216$26,000$51,999