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$471,901$471,901$602,100
Remaining term (yrs)26.926.930.0
Secondary amount$0$130,199$0
Funding fee$2,360$2,360$0
Note rate6.960%6.960%7.400%
Blended rate6.960%7.185%7.640%
1st payment$3,233.51$3,233.51$4,168.82
2nd payment$0.00$867.99$0.00
Taxes / mo$465.83$465.83$465.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.42
HOA / mo$91.00$91.00$91.00
Total monthly$3,957.01$4,825.00$5,012.74
Cash to close$197,099$66,900$66,900