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$411,771$411,771$429,999
Remaining term (yrs)26.226.230.0
Secondary amount$0$42,117$0
Funding fee$2,059$2,059$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.280%7.640%
1st payment$2,806.14$2,806.14$2,977.23
2nd payment$0.00$416.79$0.00
Taxes / mo$398.15$398.15$398.15
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.00
HOA / mo$108.67$108.67$108.67
Total monthly$3,479.63$3,896.41$3,736.71
Cash to close$66,006$23,889$47,778