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$418,492$418,492$472,499
Remaining term (yrs)28.928.930.0
Secondary amount$0$54,007$0
Funding fee$2,092$2,092$0
Note rate6.750%6.750%7.320%
Blended rate6.750%7.007%7.560%
1st payment$2,743.57$2,743.57$3,245.74
2nd payment$0.00$405.05$0.00
Taxes / mo$176.42$176.42$176.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$110.00$110.00$110.00
Total monthly$3,196.65$3,601.71$3,793.32
Cash to close$106,507$52,500$52,500