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$483,516$483,516$526,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$42,984$0
Funding fee$2,418$2,418$0
Note rate6.940%6.940%7.240%
Blended rate6.940%7.108%7.480%
1st payment$3,273.33$3,273.33$3,588.09
2nd payment$0.00$322.38$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,602.49$3,924.87$4,022.55
Cash to close$101,484$58,500$58,500