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$467,954$467,954$468,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$26,046$0
Funding fee$2,340$2,340$0
Note rate5.890%5.890%7.400%
Blended rate5.890%6.206%7.640%
1st payment$2,925.69$2,925.69$3,240.34
2nd payment$0.00$257.75$0.00
Taxes / mo$59.33$59.33$59.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.60
HOA / mo$60.33$60.33$60.33
Total monthly$3,212.02$3,469.77$3,620.27
Cash to close$52,046$26,000$52,000