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$437,409$437,409$706,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$269,091$0
Funding fee$2,187$2,187$0
Note rate6.270%6.270%7.400%
Blended rate6.270%6.834%7.640%
1st payment$2,813.60$2,813.60$4,891.66
2nd payment$0.00$1,737.88$0.00
Taxes / mo$766.09$766.09$766.09
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$141.30
HOA / mo$205.00$205.00$205.00
Total monthly$4,001.36$5,739.24$6,220.72
Cash to close$347,591$78,500$78,500