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$477,300$477,300$531,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$53,700$0
Funding fee$2,386$2,386$0
Note rate7.170%7.170%7.400%
Blended rate7.170%7.355%7.640%
1st payment$3,306.71$3,306.71$3,676.54
2nd payment$0.00$402.75$0.00
Taxes / mo$491.67$491.67$491.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.20
HOA / mo$485.00$485.00$485.00
Total monthly$4,450.04$4,852.80$4,926.07
Cash to close$112,700$59,000$59,000