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$493,449$493,449$647,099
Remaining term (yrs)29.529.530.0
Secondary amount$0$153,650$0
Funding fee$2,467$2,467$0
Note rate6.000%6.000%7.320%
Blended rate6.000%6.475%7.560%
1st payment$2,970.40$2,970.40$4,445.12
2nd payment$0.00$1,024.33$0.00
Taxes / mo$1,091.13$1,091.13$1,091.13
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,278.19$5,302.52$5,882.34
Cash to close$225,550$71,900$71,900