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$27,038$27,038$391,500
Remaining term (yrs)6.46.430.0
Secondary amount$0$364,462$0
Funding fee$135$135$0
Note rate5.910%5.910%7.400%
Blended rate5.910%7.623%7.640%
1st payment$418.31$418.31$2,710.67
2nd payment$0.00$2,353.82$0.00
Taxes / mo$136.56$136.56$136.56
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$2.92$2.92$2.92
Total monthly$707.79$3,061.61$3,078.45
Cash to close$407,962$43,500$43,500