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$427,246$427,246$486,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$58,754$0
Funding fee$2,136$2,136$0
Note rate6.810%6.810%7.400%
Blended rate6.810%7.075%7.640%
1st payment$2,911.60$2,911.60$3,364.97
2nd payment$0.00$440.66$0.00
Taxes / mo$188.17$188.17$188.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$15.67$15.67$15.67
Total monthly$3,282.11$3,722.76$3,832.67
Cash to close$112,754$54,000$54,000