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$426,759$426,759$477,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$50,241$0
Funding fee$2,134$2,134$0
Note rate6.810%6.810%7.240%
Blended rate6.810%7.041%7.480%
1st payment$2,911.60$2,911.60$3,250.75
2nd payment$0.00$376.81$0.00
Taxes / mo$188.17$188.17$188.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$37.50$37.50$37.50
Total monthly$3,303.94$3,680.74$3,738.48
Cash to close$103,241$53,000$53,000