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$442,840$442,840$566,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$123,260$0
Funding fee$2,214$2,214$0
Note rate6.820%6.820%7.320%
Blended rate6.820%7.077%7.560%
1st payment$2,969.19$2,969.19$3,888.71
2nd payment$0.00$821.73$0.00
Taxes / mo$313.42$313.42$313.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$20.67$20.67$20.67
Total monthly$3,469.94$4,291.67$4,502.69
Cash to close$186,160$62,900$62,900