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$483,764$483,764$701,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$217,336$0
Funding fee$2,419$2,419$0
Note rate6.350%6.350%7.320%
Blended rate6.350%6.784%7.560%
1st payment$3,080.07$3,080.07$4,816.07
2nd payment$0.00$1,403.63$0.00
Taxes / mo$271.50$271.50$271.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,568.23$4,971.86$5,444.46
Cash to close$295,236$77,900$77,900