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$414,158$414,158$441,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$26,842$0
Funding fee$2,071$2,071$0
Note rate6.260%6.260%7.400%
Blended rate6.260%6.427%7.640%
1st payment$2,667.90$2,667.90$3,053.39
2nd payment$0.00$201.31$0.00
Taxes / mo$395.50$395.50$395.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$50.00$50.00$50.00
Total monthly$3,280.07$3,481.38$3,753.76
Cash to close$75,842$49,000$49,000