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$151,103$151,103$558,000
Remaining term (yrs)26.126.130.0
Secondary amount$0$406,897$0
Funding fee$756$756$0
Note rate6.920%6.920%7.320%
Blended rate6.920%7.525%7.560%
1st payment$1,041.61$1,041.61$3,833.07
2nd payment$0.00$2,627.87$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,724.94$4,352.82$4,628.01
Cash to close$468,897$62,000$62,000