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$483,904$483,904$517,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$33,596$0
Funding fee$2,420$2,420$0
Note rate6.020%6.020%7.400%
Blended rate6.020%6.213%7.640%
1st payment$3,064.27$3,064.27$3,583.07
2nd payment$0.00$251.97$0.00
Taxes / mo$968.17$968.17$968.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$16.08$16.08$16.08
Total monthly$4,215.18$4,467.15$4,837.48
Cash to close$91,096$57,500$57,500