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$479,078$479,078$629,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$150,832$0
Funding fee$2,395$2,395$0
Note rate6.580%6.580%7.400%
Blended rate6.580%6.920%7.640%
1st payment$3,084.39$3,084.39$4,361.37
2nd payment$0.00$1,005.55$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,834.30$4,839.85$5,237.27
Cash to close$220,822$69,990$69,990