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$92,602$92,602$414,000
Remaining term (yrs)27.027.030.0
Secondary amount$0$321,398$0
Funding fee$463$463$0
Note rate7.490%7.490%7.400%
Blended rate7.490%7.692%7.640%
1st payment$665.53$665.53$2,866.45
2nd payment$0.00$2,075.70$0.00
Taxes / mo$592.04$592.04$592.04
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$273.00$273.00$273.00
Total monthly$1,697.24$3,772.94$3,980.96
Cash to close$367,398$46,000$46,000