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$477,184$477,184$485,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$34,866$0
Funding fee$2,386$2,386$0
Note rate6.160%6.160%7.320%
Blended rate6.160%6.549%7.560%
1st payment$2,927.40$2,927.40$3,332.30
2nd payment$0.00$345.03$0.00
Taxes / mo$211.42$211.42$211.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,305.49$3,650.52$3,807.40
Cash to close$61,816$26,950$53,900