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$471,109$471,109$490,499
Remaining term (yrs)26.326.330.0
Secondary amount$0$46,640$0
Funding fee$2,356$2,356$0
Note rate6.480%6.480%7.320%
Blended rate6.480%6.966%7.560%
1st payment$3,103.94$3,103.94$3,369.39
2nd payment$0.00$461.54$0.00
Taxes / mo$439.67$439.67$439.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$77.00$77.00$77.00
Total monthly$3,787.27$4,248.81$4,150.82
Cash to close$73,890$27,250$54,500