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$410,276$410,276$494,999
Remaining term (yrs)26.426.430.0
Secondary amount$0$84,723$0
Funding fee$2,051$2,051$0
Note rate6.650%6.650%7.400%
Blended rate6.650%7.052%7.640%
1st payment$2,744.40$2,744.40$3,427.27
2nd payment$0.00$635.42$0.00
Taxes / mo$246.42$246.42$246.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.75$0.75$0.75
Total monthly$3,158.23$3,793.66$3,940.11
Cash to close$139,723$55,000$55,000