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$463,086$463,086$575,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$112,824$0
Funding fee$2,315$2,315$0
Note rate6.640%6.640%7.320%
Blended rate6.640%6.906%7.560%
1st payment$3,054.05$3,054.05$3,956.10
2nd payment$0.00$752.16$0.00
Taxes / mo$1,418.58$1,418.58$1,418.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$0.00$0.00$0.00
Total monthly$4,639.30$5,391.45$5,656.53
Cash to close$176,814$63,990$63,990