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$28,309$28,309$441,000
Remaining term (yrs)2.42.430.0
Secondary amount$0$412,691$0
Funding fee$142$142$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.690%7.640%
1st payment$998.46$998.46$3,053.39
2nd payment$0.00$2,665.29$0.00
Taxes / mo$104.92$104.92$104.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,270.05$3,935.34$3,413.18
Cash to close$461,691$49,000$49,000