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$474,570$474,570$522,000
Remaining term (yrs)29.829.830.0
Secondary amount$0$47,430$0
Funding fee$2,373$2,373$0
Note rate6.490%6.490%7.400%
Blended rate6.490%6.718%7.640%
1st payment$2,999.20$2,999.20$3,614.22
2nd payment$0.00$355.73$0.00
Taxes / mo$97.75$97.75$97.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$25.67$25.67$25.67
Total monthly$3,289.29$3,645.01$4,008.71
Cash to close$105,430$58,000$58,000