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$468,458$468,458$517,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$49,042$0
Funding fee$2,342$2,342$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.081%7.560%
1st payment$3,162.49$3,162.49$3,554.87
2nd payment$0.00$367.81$0.00
Taxes / mo$696.33$696.33$696.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,025.49$4,393.30$4,521.37
Cash to close$106,542$57,500$57,500