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$466,818$466,818$517,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$50,682$0
Funding fee$2,334$2,334$0
Note rate4.620%4.620%7.320%
Blended rate4.620%5.049%7.560%
1st payment$2,497.21$2,497.21$3,554.87
2nd payment$0.00$380.11$0.00
Taxes / mo$572.83$572.83$572.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$100.00$100.00$100.00
Total monthly$3,336.71$3,716.83$4,497.87
Cash to close$108,182$57,500$57,500