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$468,382$468,382$680,310
Remaining term (yrs)29.129.130.0
Secondary amount$0$211,928$0
Funding fee$2,342$2,342$0
Note rate6.190%6.190%7.320%
Blended rate6.190%6.676%7.560%
1st payment$2,891.16$2,891.16$4,673.26
2nd payment$0.00$1,368.70$0.00
Taxes / mo$174.42$174.42$174.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$136.06
HOA / mo$188.00$188.00$188.00
Total monthly$3,470.24$4,838.94$5,388.40
Cash to close$287,518$75,590$75,590