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$405,754$405,754$971,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$565,346$0
Funding fee$2,029$2,029$0
Note rate6.270%6.270%7.400%
Blended rate6.270%7.132%7.640%
1st payment$2,619.52$2,619.52$6,723.70
2nd payment$0.00$3,651.19$0.00
Taxes / mo$325.25$325.25$325.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$194.22
HOA / mo$25.00$25.00$25.00
Total monthly$3,186.44$6,837.63$7,484.84
Cash to close$673,246$107,900$107,900