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$442,253$442,253$755,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$312,847$0
Funding fee$2,211$2,211$0
Note rate6.770%6.770%7.320%
Blended rate6.770%7.176%7.560%
1st payment$3,114.79$3,114.79$5,187.01
2nd payment$0.00$2,020.47$0.00
Taxes / mo$699.17$699.17$699.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.02
HOA / mo$595.00$595.00$595.00
Total monthly$4,625.62$6,646.09$6,848.87
Cash to close$396,747$83,900$83,900