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$469,889$469,889$522,000
Remaining term (yrs)28.828.830.0
Secondary amount$0$52,111$0
Funding fee$2,349$2,349$0
Note rate6.720%6.720%7.320%
Blended rate6.720%6.948%7.560%
1st payment$3,074.12$3,074.12$3,585.78
2nd payment$0.00$390.83$0.00
Taxes / mo$139.08$139.08$139.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$165.00$165.00$165.00
Total monthly$3,544.87$3,935.71$4,160.93
Cash to close$110,111$58,000$58,000