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$399,143$399,143$571,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$172,357$0
Funding fee$1,996$1,996$0
Note rate7.090%7.090%7.320%
Blended rate7.090%7.364%7.560%
1st payment$2,765.99$2,765.99$3,925.81
2nd payment$0.00$1,149.05$0.00
Taxes / mo$662.25$662.25$662.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$195.00$195.00$195.00
Total monthly$3,789.91$4,938.96$5,064.03
Cash to close$235,857$63,500$63,500