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$476,434$476,434$539,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$63,476$0
Funding fee$2,382$2,382$0
Note rate6.820%6.820%7.400%
Blended rate6.820%7.076%7.640%
1st payment$3,194.43$3,194.43$3,738.23
2nd payment$0.00$476.07$0.00
Taxes / mo$499.92$499.92$499.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$71.00$71.00$71.00
Total monthly$3,932.01$4,408.08$4,583.79
Cash to close$123,466$59,990$59,990