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$477,566$477,566$494,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$44,839$0
Funding fee$2,388$2,388$0
Note rate6.460%6.460%7.320%
Blended rate6.460%6.925%7.560%
1st payment$3,074.37$3,074.37$3,399.69
2nd payment$0.00$443.72$0.00
Taxes / mo$209.17$209.17$209.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,450.21$3,893.93$3,874.50
Cash to close$72,334$27,495$54,990