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$471,784$471,784$553,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$81,716$0
Funding fee$2,359$2,359$0
Note rate4.720%4.720%7.400%
Blended rate4.720%5.352%7.640%
1st payment$2,640.79$2,640.79$3,832.32
2nd payment$0.00$612.87$0.00
Taxes / mo$76.50$76.50$76.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.70
HOA / mo$20.75$20.75$20.75
Total monthly$2,904.71$3,517.57$4,206.94
Cash to close$143,216$61,500$61,500