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$403,078$403,078$485,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$82,022$0
Funding fee$2,015$2,015$0
Note rate6.650%6.650%7.320%
Blended rate6.650%7.047%7.560%
1st payment$2,696.25$2,696.25$3,332.30
2nd payment$0.00$615.16$0.00
Taxes / mo$203.75$203.75$203.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.02
HOA / mo$255.00$255.00$255.00
Total monthly$3,321.67$3,936.83$4,054.74
Cash to close$135,922$53,900$53,900