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$483,569$483,569$494,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$38,836$0
Funding fee$2,418$2,418$0
Note rate6.880%6.880%7.400%
Blended rate6.880%7.251%7.640%
1st payment$3,257.92$3,257.92$3,426.66
2nd payment$0.00$384.32$0.00
Taxes / mo$216.08$216.08$216.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,640.67$4,024.99$3,908.39
Cash to close$66,331$27,495$54,990