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$468,458$468,458$495,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$26,542$0
Funding fee$2,342$2,342$0
Note rate6.880%6.880%7.320%
Blended rate6.880%6.994%7.560%
1st payment$3,162.49$3,162.49$3,400.31
2nd payment$0.00$199.06$0.00
Taxes / mo$747.17$747.17$747.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,076.32$4,275.38$4,413.14
Cash to close$81,542$55,000$55,000