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$475,848$475,848$499,500
Remaining term (yrs)27.427.430.0
Secondary amount$0$51,402$0
Funding fee$2,379$2,379$0
Note rate6.880%6.880%7.320%
Blended rate6.880%7.367%7.560%
1st payment$3,212.37$3,212.37$3,431.22
2nd payment$0.00$508.67$0.00
Taxes / mo$531.83$531.83$531.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$33.00$33.00$33.00
Total monthly$3,943.87$4,452.54$4,262.62
Cash to close$79,152$27,750$55,500