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$468,218$468,218$850,410
Remaining term (yrs)26.326.330.0
Secondary amount$0$382,192$0
Funding fee$2,341$2,341$0
Note rate6.420%6.420%7.320%
Blended rate6.420%7.018%7.560%
1st payment$3,070.77$3,070.77$5,841.73
2nd payment$0.00$2,468.33$0.00
Taxes / mo$171.25$171.25$171.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$170.08
HOA / mo$0.00$0.00$0.00
Total monthly$3,458.69$5,927.01$6,399.73
Cash to close$476,682$94,490$94,490