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$518,423$518,423$810,000
Remaining term (yrs)28.728.730.0
Secondary amount$0$291,577$0
Funding fee$2,592$2,592$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.104%7.640%
1st payment$3,401.65$3,401.65$5,608.28
2nd payment$0.00$1,883.10$0.00
Taxes / mo$291.08$291.08$291.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$162.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,909.40$5,792.50$6,278.03
Cash to close$381,577$90,000$90,000