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$418,663$418,663$450,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$31,337$0
Funding fee$2,093$2,093$0
Note rate6.570%6.570%7.400%
Blended rate6.570%6.739%7.640%
1st payment$2,769.55$2,769.55$3,115.71
2nd payment$0.00$235.03$0.00
Taxes / mo$141.02$141.02$141.02
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$19.17$19.17$19.17
Total monthly$3,096.41$3,331.44$3,532.57
Cash to close$81,337$50,000$50,000