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$417,297$417,297$449,978
Remaining term (yrs)26.626.630.0
Secondary amount$0$32,681$0
Funding fee$2,086$2,086$0
Note rate6.340%6.340%7.320%
Blended rate6.340%6.533%7.560%
1st payment$2,702.68$2,702.68$3,091.04
2nd payment$0.00$245.11$0.00
Taxes / mo$465.58$465.58$465.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$253.00$253.00$253.00
Total monthly$3,587.93$3,833.04$4,066.29
Cash to close$82,679$49,998$49,998